China to Unleash More Stimulus Following Two Sessions: ICBC

From Bloomberg Markets and Finance.

ICBC Economist Jinny Yan discusses China’s 5% GDP target announced at the National People’s Congress and what this means for government stimulus measures. China’s most high-profile annual political meeting comes as President Xi Jinping tries to restore faith in an economy grappling with a prolonged real estate crisis, dwindling domestic demand and headwinds from its geopolitical rivalry with the US. Yan speaks on Bloomberg Television.

Read more on this story here: https://www.bloomberg.com/news/articles/2024-03-05/china-s-gdp-growth-target-this-year-set-around-5-reuters-says?srnd=homepage-europe