The 12-month forecast ending in January 2025 indicates that exceptional deficits will linger in northwestern and southern China. Surpluses will persist in southwestern and southeastern China.
East Asia: Deficits continue in N, S, and NW China
The forecast indicates that exceptional deficits will mostly dissipate in northeastern China, but continue in northern, southern, and northwestern portions of the country. Exceptional surplus is expected to diminish in southwestern China, though moderate to severe surpluses may continue in eastern regions of the country.