China economists expect slower 4.6% growth in 2024

Specialists think the country will achieve this year's target of around 5%

20231225 Chinese consumers

Customers shop at a Beijing wholesale market in September. Economists expect weak consumption to weigh on China's economy in 2024. © Reuters

PEGGY YE, Nikkei staff writer

HONG KONG -- Experts expect China's economic growth will slow in the coming year to 4.6%, following a predicted 5.2% expansion this year, amid a slump in the real estate market and stagnant consumption.

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