What Will Happen to Chinas Economy in 2025?
News Source : Project Syndicate
News Summary
- If recent positive trends continue, Chinese GDP growth will probably return to around 5% in the fourth quarter of 2024
- But an ailing property sector, debt-laden local governments, and an antagonistic US president-elect mean that China’s growth prospects for 2025 remain far from clear
- If China is to achieve 5% GDP growth next year, policymakers will have to overcome three key challenges
If recent positive trends continue, Chinese GDP growth will probably return to around 5% in the fourth quarter of 2024. But an ailing property sector, debtladen local governments, and an antagonisti [+6425 chars]
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