China Vows More Fiscal Support as Virus Roils Economy

The transcript discusses China's economic measures to support its economy, including tax cuts and local bond issuance. It also provides an update on COVID-19 cases in China, particularly in Hubei province, where strict measures have been implemented. The transcript further covers President Xi's response to criticism regarding the handling of the crisis, highlighting his claim of being in control since early January.

What economic measures did China implement to support its economy?

• Increased tariffs on imports

• Cut taxes and fees

• Increased interest rates

• Reduced government spending

What was the reported number of COVID-19 infections in China according to the transcript?

• 50,000

• 68,500

• 100,000

• 75,000

What measures were taken in Hubei province to control the virus?

• Ban on private cars and restrictions on leaving homes

• Closure of all businesses

• Mandatory vaccination

• Opening of new hospitals

What was the main criticism of President Xi's handling of the crisis?

• He ignored international advice

• He focused too much on economic issues

• He was largely unseen during the crisis

• He was too aggressive in his measures

What was the public's reaction to the death of Dr. Li Wenliang?

• Relief

• Indifference

• Anger and skepticism

• Support for the government