Summary
The Chinese economy continues to be impacted by the COVID-19 pandemic, but infrastructure stimulus has led to a rebound in GDP growth in the third quarter of 2022. Monetary policy is focused on stabilizing economic growth, with interest rate cuts and supportive measures for the housing market. Direct financial support has increased, leading to significant growth in credit and social financing. The report will cover the pandemic's impact, the real estate market, financing pressure, and the effects of global economic changes on China's external demand.
Region:
Asia
Published:
November 2022
Author(s):
CICC Research
Language:
English