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2024-01-17 12:37:04

Business Today on Nostr: DavosBrainstorm2024: Gita Gopinath On The Biggest Hurdles China’s Economy Is Facing ...

DavosBrainstorm2024: Gita Gopinath On The Biggest Hurdles China’s Economy Is Facing
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Gita Gopinath, First Deputy Managing Director of the IMF, discusses the challenges facing China's economy at the World Economic Forum in Davos. She highlights two major hurdles: the downward trend in the realty sector and the financial struggles of local governments. Gopinath also mentions the aging population and the need for market-based reforms in China. She notes that China's per-capita income is significantly lower than that of the US, indicating a substantial gap between the two economies.

#Davos #China #Economy #Imf #RealtySector #LocalGovernments #AgingPopulation #Market-basedReforms #Per-capitaIncome #Us

https://www.businesstoday.in/wef-2024/video/davosbrainstorm2024-gita-gopinath-on-the-biggest-hurdles-chinas-economy-is-facing-413770-2024-01-17
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