UBS recently presented its strategy and outlook for China in 2024. Economist’s at the Swiss banking giant highlighted several key themes and potential surprises that could shape the Chinese economy in the coming year.
![UBS Unveils China Strategy for 2024: Anticipates economic stability and consolidation amidst challenges. PHOTO: ALP/Bloomberg](https://krugmaninsights.com/wp-content/uploads/2023/11/FREE_110919964_AR_-1_0-1-951x634.jpg.optimal.webp)
The bank expects a GDP growth rate of around 4.4 to 4.5% in 2024, as the post-Covid recovery effect diminishes and the real estate market downturn continues to drag down growth.
Economists and Strategists emphasized three main themes that will guide China’s