MP Econ Issue 21: China Needs More Inflation To Steady a Wobbly Property Sector
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In our 1H Macro Outlook, we highlighted property as a key downside risk for growth in 2024. While property sales were already slowing down at the end of 2023, the decline has been more significant than what we anticipated. Through the first quarter of 2024,
MP Econ Issue 21: China Needs More Inflation To Steady a Wobbly Property Sector
MP Econ Issue 21: China Needs More Inflation…
MP Econ Issue 21: China Needs More Inflation To Steady a Wobbly Property Sector
In our 1H Macro Outlook, we highlighted property as a key downside risk for growth in 2024. While property sales were already slowing down at the end of 2023, the decline has been more significant than what we anticipated. Through the first quarter of 2024,