Logo 07 Mar 2022

Beijing refocuses on economic growth

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Whoa.
On Saturday, Premier Li Keqiang revealed the government’s official GDP growth target for this year: “around 5.5%.”
We weren't expecting that.

Indications had been that the target would be for growth of “5 to 5.5%.”
Almost nobody, including Chinese think tanks, thinks that the economy will gro...