Want to create an interactive transcript for this episode?
Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: Is China’s 5% growth target too optimistic?
Description: China has set a GDP growth target of "around 5%" for 2024, a repeat of last year's goal even as economic challenges mount. This was announced at the annual legislative meeting — the National People’s Congress, when Communist Party leaders promote their solutions for national ills. However, following the slew of announcements, investors largely shrugged off the set targets. On Money in the Market, Hongbin Jeong speaks to Gary Ng, Senior Economist, Thematic Research, Asia Pacific, Natixis CIB, to find out what was announced and what its potential impacts are. See omnystudio.com/listener for privacy information.