China 5% growth ain’t what it used to be

Monday, 11 December 2023

Hooray. China will grow at 5% in 2024!

Two meetings of China’s top officials this month will be scrutinized by analysts and investors for signs the world’s second-largest economy is set to be more aggressive with its growth goal for 2024.

Expectations are high the nation’s leaders will discuss setting a new economic expansion target similar to this year’s goal of about 5%.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.