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China growth seen slowing to 4.6% in 2024, raising heat on policymakers - Reuters poll

From channelnewsasia.com

China's economic growth is likely to slow to 4.6 per cent in 2024, and cool further to 4.5 per cent in 2025, a Reuters poll showed, raising the heat on policymakers to roll out more stimulus measures amid deflationary pressures and a severe property slump. Gross domestic product (GDP) likely grew 5.2 per cent in 2023 - meeting the government's annual growth target, partly helped by the previous year's low-base effect which was marked by COVID-19 lockdowns, according to the median forecasts of 58 economists polled by Reuters. But the world's second-largest economy has struggled to mount a strong and sustainable ... (full story)

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  • Category: Fundamental Analysis