SINGAPORE - After China’s bumpy road to recovery in 2023, economists are cautiously optimistic that the country’s economy will stabilise and gradually rebound in 2024 despite risks such as deflationary pressures and continued weakness in the property sector.
Most estimate that the world’s second-largest economy could see between 4 per cent and 5 per cent growth in 2024, with the World Bank’s growth projection standing at 4.5 per cent and the International Monetary Fund expecting 4.6 per cent.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
