Nomura's Lu says China's Growth Target Too High

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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for the decline in local government revenue in China?
Lower consumer spending
Decrease in exports
Decline in land sales
Reduction in manufacturing output
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Chinese government plan to manage its fiscal deficit this year?
By using surplus funds from last year
By increasing taxes
By borrowing more from international markets
By cutting public spending
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected approach of the Chinese government towards easing measures for the property sector?
Complete deregulation of the sector
Massive large-scale interventions
Bottom-up and piecemeal measures
Top-down policy changes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of China's GDP is contributed by the property sector?
40%
25%
10%
50%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the year-over-year growth of exports in the first two months?
25%
20%
16%
10%
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