CXSE - What Can China's Key Economic Activity Data Tell Us About Growth Drivers In 2024?
2024-03-18 11:50:00 ET
Summary
- China’s National Bureau of Statistics has published the key economic activity data for January and February. There were mixed signals from the early data, but we can confirm several trends.
- Overall economic momentum has remained soft in the first two months of the year, necessitating additional need for stimulus.
- Real estate will remain a drag on the economy this year, and other investment will need to pick up the slack.
By Lynn Song
Data confirming several trends for 2024
China’s National Bureau of Statistics has published the key economic activity data for January and February, our first look at the main “hard” data of the year, and filled in the gaps on how the economy started off the year....
What Can China's Key Economic Activity Data Tell Us About Growth Drivers In 2024?