China could take steps to prop up its economy, but that would leave it vulnerable to a 'Lehman moment,' economist says

• The Conference Board forecasts China's GDP growth in 2024 to decelerate to 4.1%.
• While Beijing has the capacity to engineer stronger growth, doing so could risk worsening structural issues.
• Large stimulus could provide a near-term boost, but may open the door to a "Lehman moment" later on.

China's post-pandemic rebound failed to materialize this year, and it's unlikely to arrive in 2024, according to the Conference Board.