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Wednesday, April 17, 2024

HomeEconomyReuters breaks news of China growth target

Reuters breaks news of China growth target

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


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