Reuters was 39 minutes ahead in breaking the news that China had set an economic growth target of around 5% for 2023 – an eagerly awaited number that ranks as one of the most important data points in global economics. The target for the world’s second-largest economy was at the low end of expectations, below last year’s goal of around 5.5% and the least ambitious GDP target for decades. The news sent Chinese and global markets lower the following morning when they reopened.
Economy
Reuters breaks news of China growth target
05 March 2023, 7:23 pm 1 minute
Market Impact
The target for the world’s second-largest economy was at the low end of expectations, below last year’s goal of around 5.5% and the least ambitious GDP target for decades. The news sent Chinese and global markets lower the following morning when they reopened.
Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: Economy & Policy
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
