Unlocking Value Through Strategic Investments in Global Commerce
We recently published a list of 7 Cheap Chinese Stocks To Invest In Now. In this article, we are going to take a look at where PDD (NASDAQ:PDD) stands against the other cheap Chinese stocks to invest in now.
The Economy of China
According to a report by the International Monetary Fund (IMF), China’s economy is projected to grow by 5% in 2024 and 4.5% in 2025, which is an upward revision of 0.4 percentage points for both years compared to the April projections. This growth is driven by strong Q1 GDP data and recent policy measures. However, risks are tilted to the downside due to a greater and longer-than-expected property sector adjustment and increasing fragmentation pressures.
In terms of inflation, the IMF expects core inflation to…
