Nordic Outlook China

China's economy displays a two-speed growth pattern driven by strong tech and exports despite domestic housing and consumer weakness. The country is shifting from a deflationary to an inflationary influence as energy and producer prices rise.

Key Takeaways

• 1.China's economy remains a 'two-speed' system with weak consumer demand but robust exports and tech investment.
• 2.China has transitioned from a global deflationary force to an inflationary one as producer prices rise.
• 3.GDP growth is forecast at 4.8% for 2026 and 4.7% for 2027, with the housing market expected to hit bottom in 2026.

Table of Contents

• Navigating through new headwinds
• Impact from Iran war starting to show
• Headways in technology, competition to intensify

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