CLEAN : Expert says 'example' being made of China's Evergrande as shares plunge

CLEAN : Expert says 'example' being made of China's Evergrande as shares plunge

Assessment

Interactive Video

Business, Social Studies, History

11th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Evergrande's financial crisis, highlighting its failure to adhere to China's '3 red lines' policy. The government may orchestrate a syndicate to acquire Evergrande's assets to mitigate risks. Unlike Lehman Brothers, Evergrande's impact is largely domestic, affecting China's property sector and related supply chains.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What policy did Evergrande violate, leading to its financial troubles?

The One Belt One Road policy

The Golden Rule

The Green Belt initiative

The 3 red lines policy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a likely government strategy to manage Evergrande's financial crisis?

Nationalizing Evergrande

Forming a syndicate to buy assets

Allowing Evergrande to go bankrupt

Merging Evergrande with another company

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Evergrande situation differ from the Lehman Brothers collapse?

Evergrande has a larger global impact

Lehman Brothers had no international exposure

Evergrande has limited global exposure

Lehman Brothers was a property developer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What sector is most affected by Evergrande's financial issues?

Agricultural sector

Technology sector

Property sector

Automobile sector

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could happen to companies related to Evergrande if it defaults?

Their financing costs may increase

Their cash flow will be unaffected

They will automatically merge with Evergrande

They will receive government bailouts