Economic activity picked up in China in early 2024, buoyed by stronger exports. Meanwhile, growth in domestic demand moderated. Manufacturing and infrastructure investment and consumer spending on services remained robust, while the property market correction continued. In the long term, China’s rapidly aging population will have wide-ranging economic impacts, but with the right policies the demographic transition is manageable. The economic challenges...
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2024/06/15
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Report
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191254
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1
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2024/06/14
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China Economic Update June 2024 - Growing Beyond Property : Cyclical Lifts and Structural Challenges
Citation
World Bank.
China Economic Update June 2024 - Growing Beyond Property : Cyclical Lifts and Structural Challenges (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099422406142429237