China Seeks to Defuse Trade War

The video discusses recent developments in US-China trade relations, including tariff reductions and agricultural purchases. It highlights China's economic reform efforts and the need for structural changes to sustain growth. The video also covers the Huawei CFO's arrest and the detention of two Canadians, emphasizing concerns within the foreign business community.

What significant change did China agree to regarding US autos?

• Subsidize US auto imports

• Ban US autos entirely

• Reduce tariffs from 40% to 15%

• Increase tariffs to 50%

What is the main concern of economists regarding China's economy in 2019?

• Over-reliance on foreign investments

• Need for significant structural reforms

• High inflation rates

• Lack of fiscal and monetary policies

What anniversary is China celebrating that involves major economic meetings?

• 30th anniversary of the Great Leap Forward

• 20th anniversary of joining the WTO

• 40th anniversary of reform and opening up

• 50th anniversary of the Communist Party

What is the concern of the foreign business community regarding the detention of two Canadians in China?

• It might lead to increased tariffs

• It will cause a stock market crash

• It could affect foreign business operations in China

• It will result in a travel ban

What is the potential reason for the detention of two Canadians in China?

• Illegal immigration

• Violation of trade agreements

• Retaliation for the arrest of the Huawei CFO

• Espionage activities