2min chapter

Forward Guidance cover image

Michael Pettis: China's Economic Growth Model Is Dying

Forward Guidance

CHAPTER

The Future of China's GDP

China's economy, 2020 was 2%. Now, is it aiming for that 5%, 6% GDP target? And how do you think China's GDP will be over the shorter term? I suppose now we can also incorporate the more cyclical factors, as well as the structural, that China is emerging from recession. So growth, almost by definition, is going to be strong because it's coming from a low base.

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