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UBS Foresees PRC's Two Meetings Not to Set Specific Growth Target
China's economy may bounce back remarkably this year given low base of last year after the epidemic wave, forecast Wang Tao, Chief China Economist cum Head of Asia Economic Res...
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UBS Foresees PRC's Two Meetings Not to Set Specific Growth Target
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2021/03/01 12:24
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China's economy may bounce back remarkably this year given low base of last year after the epidemic wave, forecast Wang Tao, Chief China Economist cum Head of Asia Economic Research at UBS, who measured China's full-year real growth to reach 8.2%.

Based on the above assumption, the broker expected the Chinese government not to set specific growth target at the Two Meetings this year, or merely outline a low-end target and retain sufficient room for upsides (e.g. at least 6%) to avoid misleading the market.
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