How Badly Will the Virus Outbreak Hurt China's Economy?

How Badly Will the Virus Outbreak Hurt China's Economy?

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic impact of the coronavirus outbreak on China's PMI numbers, GDP, and various sectors like retail and tourism. It highlights the production loss in industrial activity and the challenges faced by the PBOC in implementing policy measures amidst inflation concerns due to African Swine fever. The video also covers the expected fiscal policy response, including infrastructure stimulus to mitigate the outbreak's effects.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the production losses due to the coronavirus outbreak affect industrial activity in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role is expected for fiscal policy in addressing the economic impact of the coronavirus outbreak?

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