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Top Tech Stocks for Investment Pro Stock Market Signals ✌️【Easy Path to Wealth】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. 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.
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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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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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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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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.
Top Tech Stocks for Investment Pro Stock Market Signals ✌️【Easy Path to Wealth】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. The government has also vowed to promote a “new-era marriage and childbearing culture” by encouraging young people to get married and give birth at an “appropriate age” and share responsibility for childcare.
Top Tech Stocks for Investment Pro Stock Market Signals ✌️【Easy Path to Wealth】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. 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.
Top Tech Stocks for Investment Pro Stock Market Signals ✌️【Easy Path to Wealth】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. 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 Predictions 】. 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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