{"id":26479,"date":"2023-08-31T12:40:19","date_gmt":"2023-08-31T10:40:19","guid":{"rendered":"https:\/\/phoneenglish.es\/blog\/?p=26479"},"modified":"2023-08-31T12:40:20","modified_gmt":"2023-08-31T10:40:20","slug":"chinas-economy-a-ticking-time-bomb","status":"publish","type":"post","link":"https:\/\/phoneenglish.es\/blog\/2023\/08\/chinas-economy-a-ticking-time-bomb\/","title":{"rendered":"China’s Economy a Ticking Time Bomb"},"content":{"rendered":"\n

B2 – Upper Intermediate<\/em><\/strong><\/p>\n\n\n\n

China is considered the world’s second-largest economy. With the recent economic crises that the economic powerhouse is confronted with, US President Joe Biden\u00a0described its economy as a \u2018ticking time bomb\u2019. <\/p>\n\n\n\n

On contrary, Chinese President Xi Jinping believes their country\u2019s economy has “strong resilience, tremendous potential, and great vitality\u201d.<\/p>\n\n\n\n

Read this article to learn more about China’s economic problems.<\/p>\n\n\n\n

https:\/\/www.bbc.com\/news\/business-66636403<\/a><\/strong><\/p>\n\n\n\n

Vocabulary Questions:<\/strong><\/p>\n\n\n\n

    \n
  1. What does “ticking time bomb<\/strong>\u201d mean? \u201cUS President Joe Biden described the world’s second-largest economy as “a <\/em>ticking time bomb<\/em><\/strong>, predicting growing discontent in the country.\u201d <\/em>Use this phrase in your own sentence.<\/li>\n\n\n\n
  2. What does “to ride a wave of something<\/strong>\u201d mean? \u201cFor two decades, the sector boomed as developers<\/em> rode a wave of privatization<\/em><\/strong>. But crisis struck in 2020.<\/em>\u201d Use this phrase in your own sentence.<\/li>\n\n\n\n
  3. What does \u201cmeltdown<\/strong>\u201d mean here, \u201cThe government, fearing a US-style 2008 <\/em>meltdown<\/em><\/strong>, then put limits on how much developers could borrow.<\/em>\u201d? Use this phrase in a sentence.<\/li>\n<\/ol>\n\n\n\n

    Discussion Questions:<\/strong><\/p>\n\n\n\n

      \n
    1. In your own words, discuss China\u2019s economic crisis.<\/li>\n\n\n\n
    2. How do you think China\u2019s economic crisis could affect the world economy?<\/li>\n\n\n\n
    3. What are some economic crises that your country is facing right now and what do you think caused it.<\/li>\n\n\n\n
    4. \u201cA change of economic direction requires a change of political ideology.<\/em>\u201d Do you think China should consider changing some of its political ideologies? Talk about your opinion.<\/li>\n\n\n\n
    5. \u201cThere could be a danger that Mr Xi is prioritizing ideology over effective governance, or control over pragmatism.<\/em>\u201d Share your thoughts on this.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

      B2 – Upper Intermediate China is considered the world’s second-largest economy. With the recent economic crises that the economic powerhouse is confronted with, US President Joe Biden\u00a0described its economy as a \u2018ticking time bomb\u2019. On contrary, Chinese President Xi Jinping believes their country\u2019s economy has “strong resilience, tremendous potential, and great vitality\u201d. Read this article […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[291,8710,301,292,289,293],"class_list":["post-26479","post","type-post","status-publish","format-standard","hentry","category-homework","tag-b2-upper-intermediate","tag-business-and-business-english","tag-business-english","tag-first-certificate-fce","tag-reading","tag-text"],"yoast_head":"\nChina's Economy a Ticking Time Bomb | phone english blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoneenglish.es\/blog\/2023\/08\/chinas-economy-a-ticking-time-bomb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China's Economy a Ticking Time Bomb | phone english blog\" \/>\n<meta property=\"og:description\" content=\"B2 – Upper Intermediate China is considered the world’s second-largest economy. With the recent economic crises that the economic powerhouse is confronted with, US President Joe Biden\u00a0described its economy as a \u2018ticking time bomb\u2019. On contrary, Chinese President Xi Jinping believes their country\u2019s economy has “strong resilience, tremendous potential, and great vitality\u201d. 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