China's Factory Output, Investment Slow in November

The transcript discusses the People's Bank of China's (PBOC) decision to raise rates in open market operations and its medium-term lending facility. It provides an analysis of recent economic data, including retail sales, fixed asset investment, and industrial production, highlighting a robust economic performance despite slight slowdowns. The discussion also touches on global demand and potential US-China tensions. The economic outlook for 2018 remains positive, with GDP growth estimates around 6.4-6.5%.

What was the PBOC's reason for raising rates in open market operations?

• To follow the Federal Reserve's lead

• To decrease consumer spending

• To stabilize the market and avoid distortions

• To increase inflation

How did China's retail sales perform in November compared to estimates?

• They were significantly below estimates

• They were slightly below estimates

• They matched estimates

• They exceeded estimates

What trend was observed in China's fixed asset investment?

• A significant increase

• A gradual slowdown

• A rapid decline

• No change

What is the GDP growth estimate for China in 2018 according to most analysts?

• 7.0% to 7.1%

• 6.4% to 6.5%

• 6.0% to 6.1%

• 5.5% to 5.6%

What global factor is benefiting China's industrial production?

• Decreased global demand

• Trade tensions with the US

• Increased global cyclical demand

• Rising domestic inflation