China’s 2024 growth target of “around 5%” is ambitious, but the focus on national security and self-reliance may put it out of reach.
That said, policy is supportive, and the new ultra-long government bond issuance will help. Over the medium term, China has important growth engines from the energy transition and leadership in research and innovation.
Hosts Paul Diggle and Luke Bartholomew discuss this and more with guest Bob Gilhooly on the latest Macro Bytes podcast.
Tune-in to listen to Macro Bytes on Apple Podcasts and Spotify.
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