China's Economic Outlook: Challenges and Strategies

This chapter explores China's economic outlook for the coming year, noting a shift in the Communist Party's strategy toward increased fiscal support amidst international tensions. It analyzes the implications of rising debt levels and deflationary pressures, while examining the economic impact of the property market crash and the need for a focus on consumer spending. The discussion also touches upon the auto industry's overcapacity issues and the government's potential pivot to consumption-driven policies in response to these challenges.