首页
登录
从业资格
资料:Rahul Chadha, co-chief investment off
资料:Rahul Chadha, co-chief investment off
admin
2022-08-02
18
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.Which of the following statement is false?A.The work force in China has increased in past ten yearsB.internet firms benefit a lot from the income growthC.The Chinese government is improving the social welfare for peopleD.the per capita income in China is expected to $12,500 in eight years
选项
A.The work force in China has increased in past ten years
B.internet firms benefit a lot from the income growth
C.The Chinese government is improving the social welfare for people
D.the per capita income in China is expected to $12,500 in eight years
答案
A
解析
本题考查细节理解。
【关键词】the following statement; false
【主题句】
第2自然段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. 根据目前的增长速度,他预测世界第二大经济体将在8年后达到高收入级别,人均收入近1.25万美元。
第4自然段It’s not just the level of income that is improving in China. Its distribution is too. 在中国,不只是收入水平得到改善,收入分配也在改善。
In a way it reflects the fact that the working age population is declining. 从某种程度上,这反映出工作年龄人口在减少。
第6自然段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. 例如,查达钟爱在线旅游应用携程(Ctrip)等公司、医疗公司、平安等保险公司(而非国有保险巨头)以及互联网和电商集团。携程占有75%的在线旅行市场份额。
【解析】题干意为“下列哪一项是错误的?” 选项A意为“过去十年中国劳动力在增长”;选项B意为“互联网公司从经济增长中获益良多”;选项C意为“中国政府为人民提高社会福利”;选项D意为“八年后中国人均收入达到近1.25万美元”。根据主题句,选项B、C、D符合题意,故选A。
转载请注明原文地址:https://tihaiku.com/congyezige/806909.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
获得证券登记结算公司授权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。(
自然人申请变更证券账户注册资料的,需要提供()。A:客户本人证券账户卡及复印件
证券经纪商可以为投资者提供信息服务,这些服务包括()。A:上市公司的详细资料
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
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
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
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
客户申请注销证券账户,经办人应查验申请人所提供资料的()。A:真实性、及时性、有
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
A. B. C.2 D.0
就在人们讨论“华为会不会倒下”得时候,华为却从“多胎”计划,向全世界展示了突破“
A.硝酸甘油 B.普萘洛尔 C.地尔硫 D.硝苯地平 E.维拉帕米连续应
目前临床最常用的尿酮体筛检方法为A.Rothera法 B.Gerhardt法
下列属于活性混合材料的有()。A.粒化高炉矿渣 B.火山灰质混合材料
下列对于基金管理公司合格境内机构投资者资格的认定不符合中国证监会规定的是( )
皮亚杰认为,个体适应环境的方式是() A.尝试与顿悟B.同化与顺应C.平衡
(2022上半年真题)依据联合国《儿童权利公约》,对儿童的养育和发展负有首要责任
沉井基础是在场地条件和技术条件受限制时常常采用的一种深基础形式,其应用范围主要为
多吃水果有利于人体健康。关于水果,下列说法错误的是()。A.陈皮有理气调中、燥湿
最新回复
(
0
)