China needs US$1.4 trillion to boost domestic consumption amid impending trade war 2.0


By Cao Li

China might need an additional 10 trillion yuan (US$1.4 trillion) to lift domestic consumption to restore investors’ confidence, according to HSBC Asset Management’s investment outlook for 2025.

With another trade war looming with the US and a property sector that is showing no signs of a revival, China will need to seek growth by boosting domestic demand, said Caroline Yu Maurer, head of China and core Asia equities.

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