China Sets Lowest GDP Growth Target in 30 Years. Experts Call It ‘Ambitious.’

GENLI.ORG

Chinese leaders on Saturday announced a GDP growth target for 2022 that was the lowest in 30 years and yet still higher than what most analysts predicted.

At the country’s largest annual legislative gathering, Premier Li Keqiang said the Chinese economy should expand “around 5.5%” this year. That’s in the upper range of most economists’ forecasts, and far higher than World Bank and International Monetary Fund expectations.

Experts…

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