China advisers to recommend lower 2022 GDP target

China advisers to recommend lower 2022 GDP target

advisors to china’s government willrecommend a 2022 economic growth targetbelow the one set for 2021 givingpolicymakers more room to pushstructural reforms amid growingchallenges to the outlookinvestors are closely watching for clueson next year’s policy and reform agendaas president xi jinping and other topleaders hold the annual central economicwork conference due this month threeadvisors told reuters they have drafted recommendations ranging from as low as 5to 5.5 percent ahead of the closed-doormeeting down from the above six percenttarget set for 2021. the world’s secondlargest economy faces multiple headwindsheading into 2022 due…

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