CCB International on China Trade, Lockdowns

The video discusses China's COVID-19 policies, economic growth targets, and the impact of lockdowns on the economy. It explores potential stimulus measures and concerns about a recession, highlighting the role of foreign capital outflow. The discussion also covers the stability of the yuan and capital flows, emphasizing the balance of payment and trade surplus as key factors supporting the currency.

What is the government's primary goal in balancing economic growth with COVID-19 control?

• To maintain a 5.5% growth target

• To eliminate all COVID-19 cases

• To increase foreign investments

• To reduce inflation

What is a key challenge in deploying economic stimulus during ongoing lockdowns?

• Inability to control COVID-19

• High inflation rates

• Lack of government funds

• Low consumer confidence

Despite foreign capital outflows, what positive economic indicator is mentioned?

• Rise in consumer spending

• Reduction in national debt

• Increase in trade growth

• Decrease in unemployment

What fiscal policy change is highlighted in the discussion about recession concerns?

• From neutral to contraction

• From expansionary to neutral

• From expansionary to contraction

• From contraction to expansionary

What factor is supporting the resilience of the yuan?

• Current account surplus

• Increased foreign debt

• Decreased trade volume

• High inflation rates

What was a major reason for the yuan's depreciation in 2015?

• Government intervention

• Trade surplus

• Capital outflow from residents

• High foreign investments

What is the expected range for the renminbi this year?

• Stable with no change

• Ranged bump

• Significant depreciation

• Significant appreciation