What was the main reason for the Chinese government keeping the 'big bazooka' locked away?
China Ramps Up Economic Support With New Debt Issuance

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To avoid increasing local government debt
To boost consumer confidence
To stimulate foreign investment
To enhance property sector growth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the new deficit ratio to GDP announced by China?
4.0%
3.0%
3.5%
3.8%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector is NOT mentioned as a drag on China's economy?
Foreign investment
Technology sector
Consumer confidence
Property sector
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What financial strategy is the central government adopting to address economic challenges?
Cutting public sector jobs
Increasing local government spending
Issuing sovereign debt
Reducing taxes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are local government coffers strained, according to the transcript?
High COVID-19 prevention costs
Increased foreign investment
Booming property sales
Rising consumer spending
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