China’s sugar high

CHINA ADVISORY - Report 12 Apr 2024 by Andrew Collier

Recent data from China’s economy has indicated a turnaround, mostly in the industrial sector including autos, but also in some high technology products. However, the improvements have been fueled by a sharp increase in industrial loans even as monetary policy overall remains sluggish. Further growth will be restricted by China’s significant structural problems, particularly in the property sector, and the existing stock of debt.

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