In Q3 2024, GDP growth in China saw a slight decrease to 4.6%. Despite this, the economic forecast for the entire year has been slightly adjusted upwards to 4.8%, indicating cautious optimism.
Monetary easing remains ongoing, suggesting that the central bank is attempting to stimulate economic activity. However, the impact of these measures is uncertain, leading to varied expectations for fiscal stimulus.
Overall, as growth stabilizes, the effectiveness of stimulus efforts will play a crucial role in shaping economic performance in the months ahead.
Source link : Mainland China: Modest Growth Adjustment Amid Mixed Signals from Stimulus Efforts
