PBOC Adviser Says China GDP Target ‘Difficult’ to Achieve


Source: leportale.com leportale.com

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Sites Publishing The News 2/2 theedgemarkets.com (Bloomberg) -- Effects related to the Covid pandemic in recent months will make it challenging for China to meet its 5.5% annual growth target , a central bank adviser said , adding that pro- economy policies including special bond issuance could be on the way. China ’s economy could see a strong rebound in the second half, “but difficulties remain for the 5.5% target ,” Wang Yiming, an adviser to the monetary policy committee of the People’s Bank of China , said at a live-streamed forum Saturday. The country could consider trying to boost...