China’s growth rate dipped to exactly 6 per cent in the third quarter this year, the basement of the government’s 6.0 to 6.5 per cent growth target range for 2019 and the lowest rate in nearly 30 years. Photo: Reuters

China economic slowdown: debate heats up on whether Beijing should shoot for 6 per cent growth in 2020

  • Economic heavyweights in China are torn on whether Beijing should inject the levels of stimulus that would be needed to achieve 6 per cent growth next year
  • Yu Yongding, noted economist, said 6 per cent should be top priority, while others such as Gao Shanwen said it is an unrealistic target
Topic |   China economy

TOP PICKS

China’s growth rate dipped to exactly 6 per cent in the third quarter this year, the basement of the government’s 6.0 to 6.5 per cent growth target range for 2019 and the lowest rate in nearly 30 years. Photo: Reuters
READ FULL ARTICLE
Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.