Property still vital for China’s confidence, emerging ‘new three’ growth engines to help: Citi economist

Structural problems emerged in the economy as China’s property sector had a dire year. To see a restoration of confidence, more targeted policy support and timely interventions are needed.
January 16, 2024

A stable property sector continues to be key to restoring both investor and consumer confidence in China’s economy development in 2024, Citigroup’s Greater China chief economist Xiangrong Yu said in an outlook briefing last week.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media