China to Hit 2019 Economic Targets as Trade Deal Lifts Outlook

The video discusses China's strong economic data, including better-than-expected trade numbers and GDP forecasts between 6% and 6.5%. Government support through monetary and fiscal measures, along with reduced tariffs from a trade deal, are highlighted. Despite a 3% contraction in 2019 imports, a December rebound suggests recovery. November's strong activity data indicates rising demand and production, though retail sales may slow after November's boost from Singles Day. Fixed asset investment remains stable, with potential growth in 2020 due to government infrastructure initiatives. Overall, the economy faces pressures but is expected to experience a managed slowdown.

What GDP growth range did Premier Li Keqiang expect for China in 2019?

• 5% to 5.5%

• 7% to 7.5%

• 6% to 6.5%

• 6.5% to 7%

What was the trend in China's import numbers for 2019?

• They increased by 3%

• They increased by 5%

• They contracted by 3%

• They remained stable

What event significantly boosted November's retail sales in China?

• National Day celebrations

• Mid-Autumn Festival

• Singles Day shopping promotions

• Chinese New Year

What is expected to support fixed asset investment in China in 2020?

• Higher export tariffs

• Increased consumer spending

• Government's special bonds and infrastructure investments

• Reduced foreign investments

What is the overall economic outlook for China according to economists?

• An economic stagnation

• A severe recession

• A managed slowdown

• A rapid economic expansion