What was the unexpected economic decision made by China's Central Bank?
China Central Bank Unexpectedly Cuts Key Rate to Spur Growth

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reducing government spending
Increasing export tariffs
Lowering a key interest rate
Raising the interest rate
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the Central Bank's interest rate cut not expected to be a game changer?
Because the cost of borrowing is not the main issue
Because exports are increasing
Because the housing market is booming
Because retail sales are improving
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential impact could the US rate hikes have on Chinese rates?
They could increase Chinese exports
They could cause Chinese rates to surpass US rates
They could lead to a decrease in Chinese rates
They could stabilize the Chinese currency
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major concern for the Chinese government in terms of economic policy?
Decreasing local government borrowing
Reducing spending on infrastructure
Increasing the flow of money into the country
Managing the real estate sector and COVID-19 policies
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might the Chinese government consider to boost the economy?
Implementing stricter COVID-19 measures
Increasing spending on local infrastructure
Decreasing private sector investment
Reducing taxes on imports
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