China's GDP growth lags behind other Asian nations through 2026
China's economy is now projected to grow at a slower rate than other Asian countries. From 2023 to 2026, China's per-capita GDP growth is expected to be 3.9%, while India and Southeast Asian nations are forecasted to grow by 6.5%. This shift comes amid challenges such as a property crisis and high youth unemployment. In response, Chinese leaders are planning stronger stimulus measures, increased government spending, and interest rate cuts to boost consumer demand. Experts indicate that the ruling Communist Party faces a difficult task in revitalizing the economy. They suggest that 2025 may be a critical year for implementing effective policies.