Chinese Economy Poised to Rebound After Hitting Bottom, Though Headwinds Remain

Chinese economy expected to stabilize in coming months due to stimulus measures. Growth to pick up after reaching trough in July.

No clear evidence of deflation yet. Structural reforms to improve resource mobility could boost demand.

Property market correction likely to continue for 2-3 more years. Policies needed to support housing completions and stimulate demand.

Average GDP growth of 4% expected over 2024-2028 period. Productivity gains through innovation and manufacturing upgrades are positive trends.

In long run, strong competitive advantages in strategic sectors like renewables. But slower, healthier growth needed if structural issues like debt are managed.