Reported about 7 hours ago
A Reuters poll indicates that China's economy is expected to grow by 4.8% in 2024, falling short of the government's target, with a further slowdown to 4.5% anticipated in 2025. Despite recent stimulus measures aimed at boosting growth, the outlook remains pessimistic as many economists have downgraded their forecasts. Concerns about consumption and deflationary pressures continue to loom, alongside expectations of additional government debt to support the economy.
Source: YAHOO