Analysis by Region - Asia Pacific - China
The latest stimulus package announced by the People's Bank of China (PBoC) came earlier and was bolder than we had expected. However, we have maintained our 4.8% growth forecast for China this year as it will take time for the policies to feed through. More importantly, what remains key to watch is if full-fledged policy coordination will follow suit in the upcoming months, which could lead us to review our 2025 growth forecast at a later stage.
- China: Recently announced policy support is bold
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Risk warnings
- What to watch out for
- Exposure to key global risks
- Long-term prospects
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Policy
- Politics
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