Title : Tutorial 10%

Due Date : 23-1-2024

Lecturer : Ms. Janice Nang

Faculty of Business Management and Globalization

● Macroeconomics Oct 2023

Sara khalid -110059694
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Tutorial Q1
In the past year, the People's Republic of China reported a moderate economic growth of 5.5%,
indicating a steady recovery from the Covid-19 pandemic's disruptions. The year 2022 saw the
Chinese economy achieving an estimated growth rate of 5%, driven by robust domestic
consumption and significant investments in technology and infrastructure. The transition
towards a more technology-driven, consumption-based economy has been a key factor in this
growth. However, as 2023 unfolds, China is poised to face numerous challenges that could
impact its economic trajectory. These challenges include escalated global trade tensions, supply
chain disruptions, demographic changes, and volatility in the real estate market. Moreover, the
nation's focus on balancing economic growth with environmental and social sustainability adds
to the complexity of policy-making.
In light of these factors, analyze how China's monetary and fiscal policies might adapt to address
internal dynamics like demographic shifts, real estate market volatility, and technological
progress, while also responding to external pressures such as global trade conflicts and supply
chain issues. Discuss the potential strategies and measures that could be adopted by Chinese
policymakers to sustain economic growth and stability.

ANSWER:
China's policymakers may employ a mix of monetary and fiscal measures to
navigate these challenges. In response to demographic shifts, efforts to enhance
workforce productivity and skills development could be prioritized. Real estate
market volatility might be addressed through targeted regulations to ensure
stability without hindering construction. Emphasizing green investments aligns
with both environmental goals and technological progress. To mitigate global
trade conflicts and supply chain issues, diversification of trading partners and
bolstering domestic production capabilities could be considered. Striking a
balance between sustaining economic growth and addressing sustainability
concerns will likely guide China's policy decisions.