Morgan Stanley Fixed-Chinas 3D Journey How Fiscal Reforms Could Affect the Econ...-109715622
2024-08宏观经济14免费
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- 📄 文件全名
- 《Morgan Stanley Fixed-Chinas 3D Journey How Fiscal Reforms Could Affect the Econ...-109715622.pdf》
- 🎯 适合读者
- 投资人行业研究员
- 📊 核心数据
- growth... In China, local govt shoulders >85% of fiscal spending. However, resurgent
- funding capability, with the structural housing downturn triggering a 40% slump in
- narrowed by 6ppt to 11.1% of GDP over the past two years.
- subdued at 4.8% in 2024 and 4.5% in 2025, and GDP deflator would only edge up
- from -0.5% this year to 0.2% in 2025, and stay <1% in 2026-27.
- 🏷️ 核心议题
- #GDP