Econ and Finance - 29 Jul 2022

Politburo abandons the GDP growth target

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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...

Snuh-ohez.

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