Economy

Reuters was 39 minutes ahead in breaking the news that China had set an economic growth target of around 5% for 2023 – an eagerly awaited number that ranks as one of the most important data points in global economics. The target for the world’s second-largest economy was at the low end of expectations, below last year’s goal of around 5.5% and the least ambitious GDP target for decades. The news sent Chinese and global markets lower the following morning when they reopened. 

Market Impact

The target for the world’s second-largest economy was at the low end of expectations, below last year’s goal of around 5.5% and the least ambitious GDP target for decades. The news sent Chinese and global markets lower the following morning when they reopened.

Article Tags

Topics of Interest: Economy

Type: Reuters Best

Sectors: Economy & Policy

Regions: Asia

Countries: China

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

Source link

Leave a comment

Your email address will not be published. Required fields are marked *