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Economy

China GDP forecast to grow 5.1% in 2022: Nikkei survey

Property woes, COVID uncertainties main concerns among economists

With China's weakened growth outlook, President Xi Jinping is expected to prioritize stable management of the economy ahead of the China Communist Party's congress in autumn 2022. (Source photos by Reuters) 

HONG KONG -- China's economy is expected to expand 5.1% in 2022, according to the average of forecasts from 33 economists in a survey conducted by Nikkei and Nikkei Quick News.

The slumping property market and strict COVID-19 measures are expected to continue acting as headwinds to the growth of the world's second largest economy.

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