China to Hit 2019 Economic Targets as Trade Deal Lifts Outlook

China to Hit 2019 Economic Targets as Trade Deal Lifts Outlook

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's strong economic data, including better-than-expected trade numbers and GDP forecasts between 6% and 6.5%. Government support through monetary and fiscal measures, along with reduced tariffs from a trade deal, are highlighted. Despite a 3% contraction in 2019 imports, a December rebound suggests recovery. November's strong activity data indicates rising demand and production, though retail sales may slow after November's boost from Singles Day. Fixed asset investment remains stable, with potential growth in 2020 due to government infrastructure initiatives. Overall, the economy faces pressures but is expected to experience a managed slowdown.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected GDP growth rates for China in 2019 as mentioned by Premier Li Keqiang?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the import numbers for 2019 change, and what does this indicate about the economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the economists' forecast of a slight slowdown in retail sales in December?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for fixed asset investment in China for the fourth quarter and 2020?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the phase one trade deal play in the current economic outlook for China?

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