China's annual meeting puts forth 2019 forecast and
China's National People's Congress wrapped up its annual two
sessions meeting in early March with a number of objectives for
2019. The government has set an economic growth target of
between six and 6.5%, and a deficit-to-GDP ratio of 2.8%, up
from 2.6% in 2018. Trade war uncertainty is a top priority for
the government, but it is prepared for the negative impact of
the tensions on Chinese markets.
China is increasing infrastructure spending, cutting taxes
and encouraging more bond issuances, continuing recent...