New cars are lined up at a BYD factory in Xian, Shaanxi province. China’s economic output has slowed to the critical level of 6 per cent in the third quarter of the year. Photo: EPA-EFE New cars are lined up at a BYD factory in Xian, Shaanxi province. China’s economic output has slowed to the critical level of 6 per cent in the third quarter of the year. Photo: EPA-EFE
New cars are lined up at a BYD factory in Xian, Shaanxi province. China’s economic output has slowed to the critical level of 6 per cent in the third quarter of the year. Photo: EPA-EFE
Hao Zhou
Opinion

Opinion

The View by Hao Zhou

With the US-China trade war likely to drag on, are Beijing’s economic growth targets still valid? Maybe not

  • Markets believe certain growth levels need to be maintained in China’s quest to become a ‘moderately prosperous society’ and, ultimately, a superpower
  • However, with the trade war and changing external circumstances, missing growth targets might become the new norm

Hao Zhou
Hao Zhou

Updated: 3:20am, 6 Nov, 2019

Why you can trust SCMP
New cars are lined up at a BYD factory in Xian, Shaanxi province. China’s economic output has slowed to the critical level of 6 per cent in the third quarter of the year. Photo: EPA-EFE New cars are lined up at a BYD factory in Xian, Shaanxi province. China’s economic output has slowed to the critical level of 6 per cent in the third quarter of the year. Photo: EPA-EFE
New cars are lined up at a BYD factory in Xian, Shaanxi province. China’s economic output has slowed to the critical level of 6 per cent in the third quarter of the year. Photo: EPA-EFE
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Hao Zhou

Hao Zhou

Hao Zhou currently serves as a senior economist (emerging markets) with Commerzbank. He covers North Asia economic and markets research.