Compared to 12% growth before Trump

Posted on: March 17, 2020 at 10:26:58 CT

You don't understand how they work. When the Communist Party of China sets goals, they achieve, through any means necessary. When something goes wrong, they get even.

You really need to read up on how that country works before you post any more about this. They won't even touch negative growth. Not even close.

https://www.cnbc.com/2020/03/16/china-economy-millions-lose-their-jobs-as-unemployment-spikes.html

The additional pressure on the economy from the virus’ spread overseas will likely make it even more difficult for China to achieve its GDP growth target. The annual meeting for publicly announcing the figure has been postponed as a result of the virus, but officials have maintained that the country is still on pace for reaching its goal.

Emphasis on maintaining employment and stable growth expectations — which are key for economic stimulus, businesses’ capital expenditure and consumer spending — could ultimately affect authorities’ resolve in pushing for a certain GDP level, according to Bruce Pang, head of macro and strategy research at China Renaissance.