OPEC+ Meeting: Economic Costs of China's Policies

OPEC+ Meeting: Economic Costs of China's Policies

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses China's zero COVID policy, initially effective but challenged by Omicron's infectiousness. It explores the economic impact of stringent lockdowns and the potential for China to relax these measures post-Olympics and Communist Party Congress. The discussion includes political risks, comparing China's situation with other countries, and anticipates China's possible economic strategies, including fiscal and monetary stimulus, to counteract economic slowdowns.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential political risks associated with high fuel prices in China, as mentioned in the context of Kazakhstan?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might the Chinese government respond to economic slowdowns due to strict lockdowns?

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