UBS's Wang on China's Potential Growth, Property Sector

The video discusses the impact of COVID restrictions on China's economy, comparing current conditions to previous lockdowns. It forecasts economic growth for the next year, driven by consumption rebound, despite challenges in the property sector. The Chinese economy is undergoing structural changes due to demographic challenges and policy shifts. The property sector is expected to stabilize and potentially rebound, although it won't reach previous peaks.

What are the expectations for consumption growth in China next year, and what might drive this growth?

What is the significance of the property sector's performance on GDP growth in the upcoming year?