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China’s best growth target may be none at all

A move to tone down the country’s emphasis on its 5 per cent annual GDP increase target would have to come from the very top.

Daniel Moss

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Disappointing economic news is becoming a reliable indicator in China.

Another round of monthly reports points to an economy that isn’t falling apart but is far softer than officials are comfortable with. The worn – and still accurate – conclusion is that more stimulus is required to meet targets laid out by President Xi Jinping. The story is starting to feel a bit stale.

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    Original URL: https://www.afr.com/world/asia/china-s-best-growth-target-may-be-none-at-all-20240917-p5kb8y