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China to miss lofty economic growth target without major stimulus

Cecile Lefort

China will fail to meet its growth target unless Beijing injects more stimulus to prop up the country’s stuttering recovery, but a reliance on iron ore exports from Australia will limit the effect that weakness has on the local economy.

That is the view of a panel of 30 economists surveyed by The Australian Financial Review, who forecast the world’s second-largest economy and Australia’s largest trading partner will grow between 4.2 per cent and 4.8 per cent this year.

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Cecile Lefort is a markets reporter based in the Sydney newsroom. Email Cecile at cecile.lefort@afr.com

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    Original URL: https://www.afr.com/markets/debt-markets/china-to-miss-lofty-economic-growth-target-without-stimulus-injection-20240404-p5fh9g