March 2, 2021

Asia

CHINA: National People’s Congress will signal ambition to surpass US economy

BY Gabriel Wildau

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( 5 mins) China's annual parliament session convenes on 5 March to set economic targets for 2021 and to approve the 14th Five-Year Plan (2021-25) and the Long-Range Objectives Through 2035. The 2035 targets reflect China's ambition to surpass the US as the world's largest economy, escape the middle-income trap, and avoid Japan-style stagnation. But achieving the ambitious […]

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