Today news
About the same in other media
China’s Robust Growth Target Points to More Stimulus Ahead
Reading now: 800
wsj.comHONG KONG—By calling for growth of 5.5% this year, China’s leaders have set a relatively high bar for an economy facing a litany of challenges at home and abroad—and paved the way, economists say, for more aggressive stimulus measures in the coming months.
Officials in Beijing said Saturday that they would seek to expand gross domestic product by 5.5% this year. While that target is lower than any annual target since China began setting such benchmarks in 1994, economists say it is actually a much heavier lift than its 2021 target of 6% or more, given last year’s Covid-related statistical distortions and the mounting headwinds facing the world’s second-largest economy.
Read more on wsj.comAbout this in other media
Stocks making the biggest moves in the premarket: Nike, Okta, Alibaba and more cnbc.com /2 years ago
Stocks making the biggest moves midday: Boeing, Disney, Berkshire Hathaway and more cnbc.com /2 years ago
Stocks making the biggest moves premarket: Boeing, Anaplan, Nielsen Holdings and more cnbc.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
