📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • âś–

      Question

      The government is considering scrapping restrictions that earlier barred Chinese firms from bidding for government contracts worth approximately: 

      A $300–400 billion Correct Answer Incorrect Answer
      B $400–500 billion Correct Answer Incorrect Answer
      C $500–600 billion Correct Answer Incorrect Answer
      D $600–650 billion Correct Answer Incorrect Answer
      E $700–750 billion Correct Answer Incorrect Answer

      Solution

      The restrictions imposed in 2020 effectively barred Chinese firms from bidding for government contracts worth $700–750 billion. The Ministry of Finance is now considering removing these curbs to revive commercial ties and address project delays. 

      Practice Next

      Relevant for Exams:

      ask-question