Part 1/8:
A Year in Review: Challenges Facing China's Economy in 2024
As the year 2024 draws to a close, a reflective analysis of China's domestic economic challenges reveals a narrative filled with disappointments and intensifying structural crises. With a staggering backdrop of issues such as a prolonged property downturn, low consumer confidence, and a lack of foreign direct investment, the hope that once hovered at the beginning of the year has significantly dissipated. In this article, we will explore five critical areas that were noted at the start of the year and assess their current state as of December 2024.