Today news
About the same in other media
23.12 - 15:25
China’s Leaders Plot Pivot Back Toward Boosting Economy
Reading now: 449
SINGAPORE—The Chinese government is shifting back to growth mode, as a rapid deterioration in economic conditions prompts alarmed officials to turn more of their focus to development after years of criticizing cadres who gave priority to growth at the expense of social stability and fiscal prudence.
He Lifeng, who was added to the Communist Party’s top policy-making body, the Politburo, at a party conclave in October, is drafting a growth plan of more than 5% for next year, according to people familiar with the matter.
Read more on wsj.comAbout this in other media
Supply Chains Upended by Covid Are Back to Normal wsj.com /1 year ago
China's coronavirus death toll spikes after country drops 'zero-covid' policy euronews.com /1 year ago
China Adds More Cities to its Digital Yuan Pilot cryptonews.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
