China set an economic growth target of “above 6 per cent” for 2021, but Premier Li Keqiang admitted earlier this week that  growth this year could exceed a target. Photo: Reuters
China set an economic growth target of “above 6 per cent” for 2021, but Premier Li Keqiang admitted earlier this week that  growth this year could exceed a target. Photo: Reuters
China trade

China GDP: nation to lead East Asian, Pacific economic recovery in 2021 with 8.1 per cent growth

  • World Bank’s latest East Asia and Pacific Economic Update predicts China’s economy will expand by 8.1 per cent in 2021
  • China’s central bank estimates the maximum the economy can expand without fuelling inflation, known as the potential growth rate, is under 6 per cent in the next five years.

China set an economic growth target of “above 6 per cent” for 2021, but Premier Li Keqiang admitted earlier this week that  growth this year could exceed a target. Photo: Reuters
China set an economic growth target of “above 6 per cent” for 2021, but Premier Li Keqiang admitted earlier this week that  growth this year could exceed a target. Photo: Reuters
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