China’s economy grew by only 6.0 per cent in the third quarter of 2019, the lowest quarterly growth rate since records began in March 1992. Photo: Bloomberg

China could ‘smooth over’ census data to meet growth target, achieve goal of doubling size of economy by 2020

  • Beijing is committed to doubling the size of the economy between 2010 and 2020, but this would require a growth rate of 6.2 per cent in 2020 compared to 2010
  • This will be a challenge, since the quarterly growth rate slowed substantially to only 6.0 per cent in the third quarter of 2019, the lowest on record
Topic |   China economy

TOP PICKS

China’s economy grew by only 6.0 per cent in the third quarter of 2019, the lowest quarterly growth rate since records began in March 1992. Photo: Bloomberg
READ FULL ARTICLE
Zhu Yunlai, the former president of China International Capital Corporation (CICC), is widely viewed as a representative of reformist thinkers like his father Zhu Rongji. Photo: Sina

China needs reforms, not easing, to support growth, says son of former premier Zhu Rongji

  • Zhu Yunlai, the former president of China’s first investment bank, says it is ‘impossible’ to rescue any economy by printing money
  • Reforms and structured government policy are the key to China’s economic transformation, says the son of former Premier Zhu Rongji
Topic |   China economy

TOP PICKS

Zhu Yunlai, the former president of China International Capital Corporation (CICC), is widely viewed as a representative of reformist thinkers like his father Zhu Rongji. Photo: Sina
READ FULL ARTICLE