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Gdp Goal

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economic-policy1 year ago

"China Defends GDP Goal, Announces Push to Jumpstart Economy with 5% Growth Target"

During China's annual "two sessions," Beijing defended its realistic GDP growth target of around 5% for 2024 and vowed to crack down on financial market irregularities. However, questions persist on how the government will tackle issues such as the property crisis and local government debt woes facing the country's economy.