China's GDP to Grow 5.3% in 2023: Lu

China's GDP to Grow 5.3% in 2023: Lu

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current economic growth forecast of 5.3% and examines the symmetric risks associated with it. It highlights the impact of political pressures on economic decisions and the potential for policy reversals due to external events. The discussion also covers barriers to growth, such as trade issues and declining sales in various sectors. The importance of analyzing data both year-over-year and month-on-month is emphasized, especially in the context of China's economic recovery post-pandemic.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the growth forecast percentage mentioned for this year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the current economic situation in relation to political pressure?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks to the growth forecast discussed in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the recovery of new home sales?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What comparison does the speaker make regarding economic data from now and 2019?

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