China Reassures Davos That Growth Will Rebound

The video discusses China's economic outlook for 2023, highlighting Vice Premier Liha's optimistic view on growth potential despite global recession concerns. It covers China's dismantling of COVID-19 restrictions, expected economic recovery, and growth projections. The video also addresses regulatory pressures on the private sector, particularly on companies like Alibaba, and the importance of real estate in the economy. Finally, it mentions upcoming meetings between Chinese and US officials.

What growth rate does Vice Premier Liha predict for China by the end of the year?

• 9-10%

• 7-8%

• 5-6%

• 3-4%

What major policy change has China made to boost its economy?

• Reduced interest rates

• Implemented new tax laws

• Increased tariffs

• Dismantled COVID-0 policy

What is the expected growth target to be announced at the National People's Congress?

• 3%

• 4%

• 6%

• 5%

How has the Chinese government addressed concerns about regulatory pressure on companies like Alibaba?

• By nationalizing the companies

• By allaying concerns of continued pressure

• By reducing taxes

• By increasing regulations

What is the significance of real estate in China's economy according to the transcript?

• It is declining in importance

• It is not mentioned

• It is a key pillar of the economy

• It is a minor sector