China to announce economic growth targets on Thursday ...Middle East

China's "Two Sessions" policy meetings kick off on Monday with the microscope on the struggling economy and housing market.Hopes have been mounting for stimulus since this time last year but piecemeal offerings have repeatedly disappointed the market. If there are no announcements this week, expect to see Chinese equities and risk trades tied to global growth slump late in the week.Key announcements will include targets for GDP, employment and inflation. Those are set to be released on Thursday by Premier Li Qiang, who appears to be the leading figure who is pushing for more measures.The consensus is that China will continue to aim for 'around 5%' GDP growth this year. If it's above 5%, it c

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Last updated : 03 March 2024 clock 10:44 PM

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China to announce economic growth targets on Thursday ...Middle East

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