China Hits 5% Growth Goal Amid Public Scepticism, Complaints

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"The data China released was different from what most people felt," an executive said, as subdued markets point to wavering confidence in China's outlook, analysts noted The post China Hits 5% Growth Goal Amid Public Scepticism, Complaints appeared first on Asia Financial.

No,” said Alicia Garcia-Herrero, chief economist for Asia Pacific at Natixis, who expects slower 2025 growth.“So it’s becoming an irrelevant target.

A bearish commentary by Gao Shanwen, a prominent Chinese economist who spoke of “dispirited youth” and estimated that GDP growth may have been overstated by 10 percentage points between 2021 and 2023, vanished from social media after going viral.

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Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaThailand

Topics: ESG Fintech Insights Asia New Energy World Market Insights Southeast Asia Electric Vehicles Energy Insights China-US Economic Ties

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Article Type: News Report

Published On: 2025-01-17 @ 09:20:53 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 1005 words

Reading Time: 6 minutes read

Sentences: 32 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © Asia Financial

News ID: 25217186

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