China says it'll target 2025 economic growth 'around 5%'

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China says it'll target 2025 economic growth 'around 5%'

China says it'll target 2025 economic growth 'around 5%'

• says 2025 CPI target is around 2%

That 'around 5%' won't be too much of a surprise to anyone. Neither will the 2% CPI target, lowered from 3%. China is struggling to get inflation to target. The People's Bank of China can;t just chop down interest rates, they are concerned ding so will lead to capital flight out of the country.

More:

• will issue 1.3tln yuan in ultra-long special T bonds in 2025 (was 1tln in 2024)
• will adopt a more pro-active fiscal policy
• will ensure stability in property and stock markets

Adam had a what to expect from China's parliament meeting this week earlier:

• What stimulus is expected from China's National People's Congress this week

China is facing political headwinds impacting commerce.

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: China says it'll target 2025 economic growth 'around 5%'

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