Chinese Provinces Set Ambitious Growth Targets for 2025 Amid Trade Challenges

Reported about 10 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

View details

You may also interested in these wikis

Back to all Wikis