China's Social Stability Is Under Threat: Xi

The transcript discusses the market's reaction to a virus outbreak, noting a temporary rise despite ongoing concerns. It highlights precautions being taken in China, including border closures and potential casino shutdowns in Macau. The discussion shifts to President Xi Jinping's leadership, emphasizing the importance of social stability in China and the Communist Party's role in maintaining it.

What was the market reaction in Hong Kong despite the ongoing virus crisis?

• The market was unaffected.

• The market experienced a temporary rise.

• The market remained stable.

• The market continued to decline.

What is a key concern mentioned about the virus's impact?

• The virus has no impact on healthy individuals.

• The virus is only affecting Wuhan.

• The full extent of the virus's spread is unknown.

• The virus is easily contained.

What precautionary measure was taken in Macau in response to the virus?

• Opening of new hospitals

• Increased public gatherings

• Closure of casinos for two weeks

• Reduction of border security

What is the implicit contract between the Chinese government and its people?

• The government provides military support in exchange for civil liberties.

• The government provides civil liberties in exchange for economic growth.

• The government ensures social stability in exchange for economic growth.

• The government allows protests in exchange for social stability.

How does President Xi project power during the crisis?

• By delegating authority to local governments

• By focusing solely on economic growth

• By acting as the supreme commander of all elements of the Communist Party

• By reducing military involvement