Market Data
June 17, 2022
CRU: China’s Stimulus Package, Will it Work?
Written by Henry Hao
By CRU Senior China Economist Henry Hao, from CRU’s Global Economic Outlook and China Macro Monthly
In May, overall economic activity in China has improved marginally as the relaxation of Covid-19 restrictions led to the resumption of production in late May. Export and infrastructure investment have regained momentum. However, prospects for construction remain weak. While the contraction of real estate investment moderated at the start of the year, it has deepened again due to pandemic-related restrictions and weakening expectations of homebuyers.
