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LCC Infotech Limited (LCCINFOTEC) ✌️【Part-Time Income】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.
LCC Infotech Limited (LCCINFOTEC) ✌️【Part-Time Income】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. Much of the growth momentum came from exports, which propelled the country’strade surplusto a record high of just under $1 trillion last year. That strength, though, is likely to draw the ire of Trump, who has said China will face higher tariffs on its goods, by 10% above any existing tariffs, until it prevents the flow of illegal drugs into the United States. On the campaign trial, he had threatened upwards of 60% on all Chinese imports to the US.
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In the fourth quarter, the country’s gross domestic product (GDP) expanded by 5.4%. That’s considerably stronger than the 5.0% forecast by a group of economists polled by Reuters and represents an acceleration from the 4.6% pace posted in the third quarter.
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LCC Infotech Limited (LCCINFOTEC) ✌️【Part-Time Income】✌️ Professional advisors provide accurate market predictions with real-time stock indices, exchange rates, and futures data to help you seize investment opportunities and grow your capital. They anticipate that growth will slow to 4.5% this year “as the growth drag from likely higher US tariffs may more than offset the ongoing policy easing amid the prolonged property downturn and still-weak consumer sentiment,” they wrote in a research note.
Economic momentum did pick up in the last few months of 2024, after the Chinese leadership finally decided to go ahead with a much-needed stimulus package, mostly focused on monetary measures, in the last week of September.
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LCC Infotech Limited (LCCINFOTEC) ✌️【Part-Time Income】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. Many experts believe much more needs to be done to light a fire under the country’s vast population of consumers, who have been sitting on the sidelines after suffering a massive loss of wealth from the continuing housing slump, which amounted to an estimated $18 trillion, according to investment bank Barclays.
In fact, some believe the imminent return of Trump and his possible sky-high tariffs may be just what is needed to jolt the Chinese leadership into taking more action.
Beijing has shown that “they will do whatever it takes to offset the impact of tariffs,” Larry Hu, chief China economist at Macquarie Group, said in a Wednesday research note. “Strong tariffs result in strong stimulus and thus better domestic demand.”
China is contending with a slew of pressures, including a severe property crisis, which has eroded consumer wealth and hurt household spending, and a demographic challenge, expected to have significant implications on future growth.
Last year, the country recorded 6.77 births per 1,000 people, up from 6.39 a year earlier, according to the NBS. Some 9.54 million babies were born, an increase of more than half a million from 2023.
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LCC Infotech Limited (LCCINFOTEC) ✌️【Part-Time Income】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. The small rebound comes after the government has rolled out a raft of measures to nudge young people to have more children, from extending maternity leaves and offering financial incentives to improving childcare services. 2024 was also the Year of the Dragon on the Chinese lunar calendar, an especially auspicious year for having babies.
But the overall population has fell by 1.39 million to 1.408 billion in 2024, continuing a decline since 2022 that saw China replaced by India as the world’s most populous nation.
China’s working population, classified as those between the ages of 16 and 59, also declined by 6.83 million last year, adding to an ongoing contraction. The population of those over 60, meanwhile, continued to expand to account for 22% of the total population.
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In 2015, China announced an end to its decades-long one-child policy, allowing couples to have two children, then increased that to three children in 2021. But birth rates have continued to drop after a brief uptick.
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LCC Infotech Limited (LCCINFOTEC) ✌️【Part-Time Income】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. So far, these policies have largely failed to convince young adults, who are grappling with high unemployment, rising living costs and a lack of social welfare support amid the economic slowdown. Many are postponing marriage and childbirth, and a growing number of young people even choose to eschew them entirely.
LCC Infotech Limited (LCCINFOTEC) ✌️【Part-Time Income】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Exclusive Stock Market Insights 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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