China’s Economy Slows to Weakest Pace Since 2009 Amid Trade War

China's GDP is under strain due to infrastructure challenges, a rising budget deficit, and global economic cooling. The government is increasing spending on rail projects and targeting a higher budget deficit. A trade war has impacted exports, and domestic consumer spending is weak. Beijing plans further tax cuts and measures to boost purchases, aiming to balance stimulus amid a tense US-China relationship.

What is the primary focus of economists in China regarding government spending?

• Defense

• Education

• Infrastructure

• Healthcare

What change did Beijing make to its budget deficit target?

• Decreased to 2.4%

• Increased to 2.8%

• Increased to 3.0%

• Maintained at 2.6%

Which factor is contributing to the unexpected contraction in China's exports?

• Technological advancements

• Increased foreign investment

• Trade war

• Rising domestic demand

What are some of the policies Beijing is considering to boost the economy?

• Implementing tax cuts

• Expanding military spending

• Reducing interest rates

• Increasing import tariffs

What is a key challenge in implementing economic stimulus in China?

• Increasing export tariffs

• Expanding the labor force

• Balancing stimulus dosage

• Reducing foreign debt