Logo 29 Jul 2022

Politburo abandons the GDP growth target

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

It's finally happened, as we predicted.

The Politburo has walked back this year’s GDP growth target of “around 5.5%” 

Where and when: On Thursday, in Beijing, Politburo held its quarterly meeting on the economy.

This gathering of the Party's most powerful members gave the most explici...