November 10, 2020

Asia

CHINA: Fifth Plenum policy statements signal ambivalence about GDP targets

BY Gabriel Wildau

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( 5 mins) The Fifth Plenum broke with precedent by not specifying a GDP growth target for the coming Five-Year Plan period covering 2021-25. Follow-on policy statements suggest that China's leadership is moving to de-emphasize growth targets but is not yet ready to abandon them entirely. A target of doubling GDP by 2035 is ambitious and would likely […]

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