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
Opinion
Opinion
The View
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
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