CLEAN : China central bank chief seeks to reassure on yuan growth

The video discusses China's economic position, highlighting its strong international competitiveness and stable financial market. It emphasizes that China maintains a large current account surplus and low inflation, which supports the stability of the RMB. The video also covers China's monetary policy, which aims to sustain medium GDP growth and address potential risks, ensuring adequate liquidity and credit growth.

What is one of the reasons why there is no basis for persistent RMB depreciation?

• China's lack of monetary policy tools

• China's declining international competitiveness

• China's large current account surplus

• China's high inflation rate

What does the 'new normal' in China's economy refer to?

• A shift to a command economy

• An improvement in economic quality and structure

• A decrease in international trade

• A rapid increase in GDP growth

How does China plan to address potential downside risks in its economy?

• By using monetary policy tools

• By increasing taxes

• By reducing exports

• By cutting government spending

What is the goal of China's prudent monetary policy?

• To maintain proper growth of credit and aggregate demand

• To decrease liquidity

• To reduce international competitiveness

• To increase inflation

What does China aim to maintain through its monetary policy?

• Decreased GDP growth

• Adequate liquidity

• High inflation rates

• Increased trade barriers