Followers

Thursday, May 21, 2020

No annual growth target for virus-hit China, a first in years

China took the rare move of not setting an annual growth target this year after the coronavirus battered the world's second-largest economy and ravaged global growth. Instead, given "great uncertainty" caused by the Covid-19 pandemic, Beijing will "give priority to stabilising employment and ensuring living standards".

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ZsKOSy

No comments:

Post a Comment

Will Tata Sons get listing waiver? RBI tweak will make it 'upper NBFC'

The Reserve Bank of India is proposing a simpler asset-size threshold of Rs 1 lakh crore to identify large NBFCs for stricter regulation, re...