China's economy faced significant challenges in 2024, including a property downturn, local government funding issues, and a sluggish labour market. As the World Bank raises China's economic growth forecast for 2024 and 2025, questions remain whether the country can overcome challenges in confidence and the property sector. Is the world's second-largest economy heading into another tumultuous year? What’s in store for China’s economy in 2025?
Hong Kong-based economist for Asia Pacific at global financial institution, Natixis, Gary Ng shares his perspectives on what to expect.