Asia Pacific: getting to work

Author: Karry Lai | Published: 23 Apr 2019

China's annual meeting puts forth 2019 forecast and plan

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...