China ushers in a new era for growth

Throughout 2023 and 2024, we have continued to emphasise China’s need for active, co-ordinated policy to aid activity and confidence. Authorities have finally delivered; indeed, they have exceeded expectations, and there are reports further support is coming. The announced stimulus should easily see authorities’ 5.0% growth target met for 2024, and a similar outcome in 2025. However, downside risks will remain into the medium-term.

Видео China ushers in a new era for growth канала Westpac