3 challenges for China’s economic growth in 2025

Quick Summary:

The economy may be turning a corner but the property-sector crisis, local government debt and Trump’s return cloud the outlook.

Chinese households, by contrast, continued to accumulate savings even after the lockdowns had ended.

In early 2021, when the United States emerged from the worst of its pandemic lockdowns, American households quickly began spending the money they had accumulated.

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Article Details

Author / Journalist: Huang Yiping

Category: Business

Markets: Hong KongChinaUnited States

Topics: 2024 Lockdowns Local Three Government Economy Growth Cent Property China’s China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 14:30:13 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 24370194

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About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 12 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 27 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #42

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