Nomura Raises China 2023 Growth Forecasts

The video discusses the growth expectations in the context of post-COVID recovery, focusing on the initial boost from reopening and revenge consumption. It highlights the strong consumption demand in the second quarter but warns of potential unsustainability. The video also examines economic indicators like industrial production and investment, noting underlying weaknesses. It emphasizes the cautious outlook for growth, particularly in the property market, and the role of government policies in boosting confidence and investment. Challenges in the property market recovery, such as declining population and financial distress among developers, are also addressed.

In what ways can the government stimulate consumption in the economy?

What are the implications of declining population in low-tier cities for the property market?