China’s gross domestic product (GDP) growth has moderated since the second quarter of 2024, owing to subdued domestic demand. The government has responded to the domestic demand slowdown with incremental policy stimulus, balancing short-term growth support with longer term de-risking objectives. While monetary policy has been eased, its impact has been constrained by subdued credit demand. Despite lower down payment ratios and mortgage rates, state-financed...
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2024/12/31
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Report
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196369
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1
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2025/01/16
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Disclosed
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China Economic Update : Reviving Demand, Regaining Momentum
Citation
Kevin C. Chua; Yusha Li; Jun Ge; Sailesh Tiwari; Veronica Sonia Montalva Talledo; Maria Ana Lugo; Dewen Wang; Samuel Christopher Hill; Nikita Perevalov; Marius Vismantas; Shichao Zhou; Marcin Piatkowski.
China Economic Update : Reviving Demand, Regaining Momentum (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099624201162511719