Despite challenges like deflation, high debt, property downturn, and flat trade, China's economy surpassed the 5% target last year. Experts are optimistic for 2024, expecting China to play a major role in global growth, boosted by the widespread use of digital technologies and increased internet usage. With the help of fiscal support, China could aim for 5% growth in the year ahead.
Therefore, fundamentally strong China stocks Sohu.com Limited (SOHU) and Alibaba Group Holding Limited (BABA) could be ideal buys now.
