What is the main economic shift China needs to make according to the first section?
David Goldman: China Debt Faces 'Nasty Reorganization'

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reduce consumer savings
Increase corporate debt
Focus on consumption
Expand international trade
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does China plan to manage its local government debt?
By reducing public spending
By selling state-owned enterprises
By swapping it into central government debt
By increasing taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What financial market is China expected to develop as part of its debt management strategy?
Stock market
Municipal bond market
Cryptocurrency market
Foreign exchange market
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern related to China's real estate market?
Decreasing property values
High foreign investment
Overheating signals and ghost towns
Lack of housing supply
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the estimated overall loss rate for Chinese banks according to the final section?
15%
20%
4%
10%
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