Plagued by the troublesome property market and weak household spending, China’s economy is struggling to find its footing. Manufacturing remains a bright spot, but rising trade tensions risk dimming the sector’s export prospects. In response to the economy’s troubles, officials are ramping up support, improving the near-term outlook. The supports will propel the economy to within the ballpark of its around-5% target for the year; but more is required if officials are to address the structural challenges in the economy. Absent that, property will remain a drag through 2025, and households will have little incentive to lift spending.
Join the economists at Moody’s Analytics as they explore the outlook for China’s economy, including the property market, trade, consumer spending and implications of the U.S. election.
* This webinar will be conducted in English and simultaneous interpretation will be available in Chinese and Japanese.
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SpeakersSteve Cochrane Chief APAC Economist Moody's Analytics
Harry Murphy Cruise Assistant Director - Economist Moody's Analytics
Sarah Tan Economist Moody's Analytics
Heron Lim Economist Moody's Analytics
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Steven G. Cochrane, PhD, is Chief APAC Economist with Moody’s Analytics. He leads the Asia economic analysis and forecasting activities of the Moody’s Analytics research team, as well as the continual expansion of the company’s international, national and subnational forecast models. In addition, Steve directs consulting projects for clients to help them understand the effect of regional economic developments on their business under baseline forecasts and alternative scenarios. Steve’s expertise lies in providing clear insights into an area’s or region’s strengths, weaknesses and comparative advantages, relative to macro or global economic trends.
A highly-regarded speaker, Dr. Cochrane has provided economic insights at hundreds of engagements over the past 20 years and has been featured on CNBC, CNA, Bloomberg TV, Wall Street Radio, and the PBS News Hour. Through his research and presentations, Steve dissects how various components of the macro and regional economies shape patterns of growth. His extensive expertise on U.S. and global economic issues makes also him a popular speaker at client conferences and executive briefings.
Steve holds a PhD from the University of Pennsylvania and is a Penn Institute for Urban Research Scholar. He also holds a master's degree from the University of Colorado at Denver and a bachelor's degree from the University of California at Davis.
Harry Murphy Cruise is an economist at Moody’s Analytics, based in Sydney. Harry is responsible for covering the Chinese and Australian economies, as well as managing Moody’s Analytics’ subnational Asia Pacific forecasts. Harry is regularly quoted by international media such as CNBC and Bloomberg. He holds a master’s degree in international and development economics from the Australian National University and a Bachelor of Arts and Commerce from Monash University.
Sarah Tan is an economist at Moody’s Analytics in Singapore. She is responsible for covering economies across the Asia-Pacific region. She holds a post-graduate diploma in EU Competition Law from King’s College London and a bachelor’s degree in Economics from the National University of Singapore. Sarah was previously an economist at Changi Airports International and a senior analyst at the Competition and Consumer Commission of Singapore.
Heron Lim is an economist at Moody’s Analytics in Singapore. He is also an external lecturer at ESSEC Business School, teaching at its Asia-Pacific campus. Heron previously held a position with Experian Credit Services Singapore, looking at SME issues in the region. He holds a master’s degree in Applied Economics from Singapore Management University.