Chinese Provinces Set Ambitious Growth Targets for 2025 Amid Trade Challenges

Reported about 8 hours ago

Despite looming tariffs from Donald Trump, five of China's richest provinces, including Beijing, Shanghai, and Guangdong, have set 2025 growth targets of around 5% to 5.5%. This reflects an ambition to maintain a steady economic pace following a challenging year. The provinces are facing hurdles, particularly from a property market downturn, but are optimistic in their targets. Nationally, an overall growth goal of about 5% is anticipated, with discussions among all provinces expected soon.

Source: YAHOO

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