Display mode (Doesn't show in master page preview)

17 Jan 2025

International Economy

China achieved its economic growth target of 5% for 2024; growth may slow in 2025 amid a renewed trade war (Business Brief No.4117 Full Ed.)

คะแนนเฉลี่ย
  • China’s economic growth accelerated in 4Q24, bolstered by new economic stimulus measures implemented in late September 2024, supporting the government in reaching its economic growth target for 2024.
  • Signs of uneven recovery were evident in China’s economy. The manufacturing sector remained a key growth driver, while domestic consumption was still pressured by low consumer confidence. Additionally, the troubled property sector continued to weigh upon the country’s economy in 2024.
  • In 2025, amid the risks of a new round of trade war, Chinese authorities will focus on boosting domestic consumption and investment through massive monetary and fiscal measures. However, China’s domestic economic woes will persist.
  • KResearch projects that China’s economy will grow at a slower pace of 4.6 percent in 2025.

View full article


International Economy