China Fiscal Stimulus 2024. An official survey shows that factory activity in china slowed more than expected in may, suggesting further pressure on an economy already burdened by a prolonged crisis in the property industry But this may not be sustained for long given the structural challenges facing the.
The budget data showed governments at all levels in china earned around 5.8 trillion yuan in revenue selling land last year, down 13% from 2022 and the lowest annual figure since 2017. Companies accounting for 82% of msci china index’s market value had reported results as of.