Reported about 16 hours ago
Chinese President Xi Jinping has reaffirmed a growth target of around 5% for 2025 despite escalating trade tensions with the U.S. Analysts suggest that further tariffs from former President Trump may necessitate significant stimulus to achieve this goal. While Beijing has resisted aggressive economic measures since the pandemic, experts indicate that substantial fiscal injections might be required to stabilize key sectors like real estate and mitigate the impact of lost trade revenue. The ongoing trade war could complicate China's growth plans, prompting officials to consider both diplomatic and economic responses.
Source: YAHOO