JPMorgan Chief China Economist Haibin Zhu previews China's GDP

The video discusses China's economic challenges, including a contraction in the third quarter due to COVID-19 and property market issues. Despite these challenges, an 8% growth for the year is deemed achievable. The government is focusing on macro policies, fiscal measures, and decarbonisation to support economic transformation. Consumption is affected by property market issues and strict public health measures. Power shortages are impacting industrial production, but policy adjustments are expected to mitigate this. The real estate sector, particularly the Evergrande crisis, poses significant economic implications.

What measures might the government take to support economic transformation?

What are the structural issues affecting household consumption recovery in China?

How does the local government's reliance on land sales affect its fiscal revenue?