China Sets Overly Optimistic GDP Target: Experts

China Sets Overly Optimistic GDP Target: Experts
A police officer stands guard outside the Great Hall of the People in Beijing on March 10, 2022. Kevin Frayer/Getty Images
Indrajit Basu
Updated:
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News Analysis

Facing the nation’s deepest economic challenges in years, China’s leadership announced on Tuesday a GDP growth target of around 5 percent, the same as last year’s. However, experts have called it “ambitious” and warned it would be “more challenging” to meet.