China's Economic Woes Deepen Amid Property Crisis, COVID Fallout, and Geopolitical Tensions
- Chinese economy and markets were already weak before 2024 Lunar New Year holiday
- Analysts expect economy to worsen after holiday as property sector issues remain
- Service consumption growth likely to slow due to fading pent-up demand and weak confidence
- Ongoing geopolitical tensions amid US election season don't help China's outlook
- Despite government efforts, China still struggling to engineer economic recovery after COVID