Tue, 21-Oct-2025

China’s economy expected to grow 5.3% in 2022

China economy

BEIJING: China’s economy is expected to grow around 5.3 per cent in 2022, bringing the average annual growth rate forecast for 2020/22 to 5.2 per cent, the Chinese Academy of Social Sciences (CASS), a top government think tank, said on Monday. The advisers to the government will recommend that the authorities set a 2022 economic … Read more

Govt Sets High Economic Growth Targets With IMF Consent

Govt Sets High Economic Growth Targets With IMF Consent

Apparently, in agreement with the International Monetary Fund (IMF), the government is setting inflation, economic growth and fiscal and core deficit targets for the next financial year, following a change in the economic team and encouraging macroeconomic indicators. According to the report, a government team in a meeting of the parliamentary committee said that the … Read more