Logo 05 Jul 2022

Curb your (growth) enthusiasm

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Over the past two weeks, Xi Jinping seems to have had a change of heart regarding China's annual growth prospects.

ICYMI: On June 22, Xi sent a clear message at the BRICS summit that China was still gunning for its 5.5% economic growth target for 2022 (Xinhua 1):

“China will intensify macro-p...