China Comes Out Cautious With 2023 Growth Target

Better to under promise and over deliver I suppose. China on Sunday set what it was fair to call a cautious growth target for 2023. In his last government work report, the outgoing Li Keqiang said Beijing will aim for GDP growth of around 5% this year, an underwhelming, if realistic, goal as the world's second-largest economy attempts a comeback following a year spent laboring beneath a draconian pandemic containment regime. Xi's Shanghai lockdown brought the economy to a virtual standstill j