China Reports Retail Sales, Factory Output

The video discusses the Chinese economy's peak in the first quarter, followed by a slowdown in economic activity. Despite a forecasted growth rate of 6.2%, which is lower than market expectations, it remains above the 2016 average. Factors like tighter financing, PPI inflation, and sluggish car sales impact growth. Risks such as inventory cycles and property tightening are highlighted, along with the effects of financial deleveraging on the economy, particularly in the service sector.

What was the forecasted year-on-year growth rate for the Chinese economy, and how did it compare to market expectations?

• 6.2%, lower than market expectations

• 6.2%, higher than market expectations

• 7.0%, lower than market expectations

• 7.0%, higher than market expectations

What is the expected GDP growth for the second quarter, despite challenges like tighter financing?

• Above 6.5%

• Below 6.0%

• Exactly 6.0%

• Above 7.0%

Which factor is NOT mentioned as a downside risk for the Chinese economy in the final section?

• Inventory cycles

• Property tightening

• Financial deleveraging

• Increased exports

How does financial deleveraging impact the service sector according to the transcript?

• It doubles financial activity

• It has no impact on financial activity

• It reduces financial activity

• It increases financial activity

What percentage of GDP does financial activity currently account for?

• 10 to 11%

• 8 to 9%

• 5 to 6%

• 12 to 13%