首页
登录
从业资格
资料:Rahul Chadha, co-chief investment off
资料:Rahul Chadha, co-chief investment off
练习题库
2022-08-02
15
问题
资料:Rahul Chadha, co-chief investment officer for Hong Kong-based Mirae Asset Global Investments, has a few charts he is particularly fond of when it comes to telling a story about investing in China.One shows income growth in China. Based on the current rate of expansion, he expects the world's second-biggest economy will achieve high income status — defined as income of almost $12,500 per capita — in eight years.The second shows a ratio of household debt to gross domestic product for a number of countries. For thrifty mainland China households, the ratio is 28 per cent. That compares to India at one end of the scale at 15 per cent and the UK at the other with 90 per cent.So, based on their income and potential to borrow, the Chinese have spending power and the potential to increase it. The growing muscle of Chinese consumers is not, of course, a new investment theme when it comes to Asia. But at a time when wage growth is muted in other large economies, such as the US and the Eurozone, the situation in China is surprisingly overlooked rather than celebrated. Disposable income per household in China rose 7.3 per cent in real terms in the first half of this year. That surpasses the 6.9 per cent pace at which the economy expanded in the period. Moreover, the number of jobs created in urban areas came in at 8.55m in the first seven months of 2017, according to data from JPMorgan, not too far from the year-end target of 11m. In sharp contrast, India is generating roughly 1m jobs a year at a time when it needs to fashion 10 times more to absorb the youth streaming in from the countryside in search of a better living.It's not just the level of income that is improving in China. Its distribution is too. The government is spending more on a social safety net, and provides more by way of pensions and medicines, including medical care and education.“In a way this is catch up,” Haibin Zhu, chief China economist at JPMorgan, says of the income growth in China. “In a way it reflects the fact that the working age population is declining. But for the past 10 years income is going up for the majority of people steadily and gradually.”It's an especially notable achievement given that some of the other forces at work in the Chines economy are far from helpful. The expansion of the sharing economy and ever growing role of technology across most sectors is ultimately deflationary. Automation is increasingly displacing manufacturing jobs. At the same time, sophisticated computers are now eliminating low end service jobs.As investors survey the effects of income growth, it is the new economy, with its emphasis on services and consumption, and private companies in it, that are the beneficiaries as they cater to the appetites of a growing middle class. Mr Chadha, for example, is a fan of companies such as Ctrip, an online travel app, healthcare, insurers such as Ping An, (rather than the state owned behemoths) and internet and e-commerce firms. Ctrip for example has 75 per cent market share in online travel.According to the passage,which country is home to the highest ratio of household debt to GDP?A.IndiaB.ChinaC.UKD.US
选项
A.India
B.China
C.UK
D.US
答案
C
解析
本题考查细节理解。
【关键词】 which country; home to the highest ratio of household debt to GDP
【主题句】第2自然段The second shows a ratio of household debt to gross domestic product for a number of countries. For thrifty mainland China households, the ratio is 28 per cent. That compares to India at one end of the scale at 15 per cent and the UK at the other with 90 per cent.第二张图表显示了多个国家的家庭债务与国内生产总值(GDP)之比。对于节俭的中国内地家庭而言,这个比率为28%。相比之下,印度比率最低,为15%;而英国比率最高,为90%。
【解析】题干意为“根据这篇文章,下列哪个国家的家庭债务与GDP之比是最高的?”。根据主题句可知,选项C “英国”是最高的,符合题意。
转载请注明原文地址:https://tihaiku.com/congyezige/806906.html
本试题收录于:
银行招聘综合知识题库银行招聘考试分类
银行招聘综合知识
银行招聘考试
相关试题推荐
证券公司除单独向中国证监会报送年度报告、监管报表和有关资料外,还应当在合并计算
证券公司应当建立健全档案管理制度,妥善保管定向资产管理业务的合同、客户资料、交易
关于法人申请证券账户注册资料查询的手续,下列说法正确的有()。A:填写证券账户注
按照我国现行制度规定,法人开立证券账户不需要提交的资料是()。A:法定代表人授
获得证券登记结算公司的开户代理机构可以直接办理证券账户注册资料变更手续。()正确
变更代理人,客户本人和新代理人都必须同时到柜台,提交(),办理资料更改申请手续。
境外法人自请挂失补办新号码上海证券账户卡,需要提供的资料有()。A:原证券账户冻
客户办理账户挂失或补办手续,()应在该客户的“客户账户类资料更改登记表”上写明变
在证券经纪业务中,证券经纪商有义务为客户保密,但法律另有约定的除外。保密的资料包
证券经纪商有义务为客户保密的资料包括()。A:客户开户的基本情况B:客户委托的
随机试题
[originaltext]Yearsagobeforetherewererefrigerators,anicehousewasa
Concernwithmoney,andthenmoremoney,inordertobuytheconveniencesan
Itwas3:45inthemorningwhenthevotewasfinallytaken.Aftersixmonths
每一个质量控制具体方法本身也有一个持续改进的课题,就要用()循环原理,在实践中
关于食品添加剂要求的叙述,错误的是( )。A.在达到相应的使用目的后,在食品加
图所示为两次超静定结构,下列图中作为力法的基本结构求解过程最简便的是( )。
海洋有限公司因经营管理不善,决定向法院申请破产。下列选项符合《破产法》规定的是:
以划拨方式取得土地使用权,经批准转让房地产时应补交的契税,以补交的土地使用权出让
投资项目决策分析与评价的基本要求包括贯彻落实科学发展观、资料数据准确可靠和()
最新回复
(
0
)