Francés - B2 - Chine: la croissance pourrait tomber sous les 6%
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Questions and Answers

True or false:According to a government advisor, China's economic growth may fall below 6% in Q4 2019 or in 2020.

True (A)

True or false: The US sanctions have not affected China's GDP.

False (B)

True or false: Yao Jingyuan is a politician in China.

False (B)

True or false: China has managed to stabilize employment, finance, trade, and foreign investment despite the trade war.

<p>True (A)</p> Signup and view all the answers

True or false: The government had set a growth target of 5-5.5% for 2019.

<p>False (B)</p> Signup and view all the answers

True or false: Yao recommends setting the growth target for 2020 at a minimum of 6% to ensure employment and business profits.

<p>True (A)</p> Signup and view all the answers

True or false: Yao suggests letting the budget deficit rise to 1% of GDP to support economic activity.

<p>False (B)</p> Signup and view all the answers

True or false: Yao believes there is room to lower interest rates and reserve ratios for banks in China.

<p>True (A)</p> Signup and view all the answers

True or false: Yao thinks that China has no advantage over the US in facing difficulties.

<p>False (B)</p> Signup and view all the answers

True or false: Local authorities in China used to manipulate economic growth figures, but the Xi Jinping regime has put an end to this practice, according to Yao.

<p>True (A)</p> Signup and view all the answers

Study Notes

  • China's economic growth could fall below 6% in Q4 2019 or in 2020, according to a government advisor.
  • The US sanctions have caused China's GDP to slow down to 6% in Q3, the lowest in 27 years.
  • The economist Yao Jingyuan said that China is facing the biggest challenges in its history.
  • Despite the trade war, China has managed to stabilize employment, finance, trade, and foreign investment.
  • The government had set a growth target of 6-6.5% for 2019.
  • Yao recommends setting the growth target for 2020 at a minimum of 6% to ensure employment and business profits.
  • He suggests letting the budget deficit rise to 3% of GDP to support economic activity.
  • Yao believes there is room to lower interest rates and reserve ratios for banks.
  • China has a political advantage over the US in facing difficulties, according to Yao.
  • He acknowledges that local authorities used to manipulate economic growth figures, but says the Xi Jinping regime has put an end to this practice.

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