What's Propping Up China's GDP Growth?

The video discusses China's economic situation, highlighting a 7.3% GDP growth in the third quarter, driven by strong exports to the US despite domestic weaknesses. Industrial output and electricity production showed improvement in September, indicating some economic momentum. However, the property market remains a significant challenge, with declining sales and construction. The government has responded by easing property purchase restrictions and lowering mortgage rates, but the long-term impact remains uncertain.

What was the year-on-year growth rate of China's GDP in the third quarter?

• 6.9%

• 7.2%

• 8.0%

• 7.3%

Which sector is primarily responsible for the domestic weakness in China's economy?

• Technology

• Manufacturing

• Agriculture

• Real Estate

What was the industrial output growth rate in August?

• 5.5%

• 6.9%

• 7.3%

• 8.0%

What policy measures were taken to address the challenges in the property market?

• Increasing mortgage rates

• Lowering mortgage rates and down payment requirements

• Raising property taxes

• Restricting foreign investments

By how much did property sales decline year-on-year in the first nine months?

• 8.1%

• 5.2%

• 12.5%

• 10.3%