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.
Economy
05 March 2023, 7:23 pm. 1 minute
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
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