China Faces Economic Headwinds in 2024 From Property Woes, Debt, and EV Glut
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China's economy faces intensifying risks in 2024 from issues like overcapacity in EVs, weak property market, and local government debt.
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Recovery momentum may taper off as these economic risks weigh down growth prospects.
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Reforms needed at upcoming party meeting to address challenges and sustain recovery momentum.
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Property sector woes, debt issues, and potential EV overcapacity could hamper growth.
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Consumption rebound may be temporary; private investment key for sustainable growth.
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