Beijing likely to ease harsh regulatory measures to avoid economic slump in 2022

• The floor for GDP growth next year may be set at 5 per cent or 5.5 per cent, slightly lower than this year’s full-year growth but higher than the 4.9 per cent rate in Q3
• In recent years, China’s policymakers have done an impressive job of walking the fine line between ensuring short-term stability and addressing in-depth problems