Economics
China Debates Slashing Economic Growth Target Amid Virus Reality
- Some economists argue for lowering or abandoning GDP target
- Other analysts see need to stick to previous path of about 6%
Pedestrians wear protective face masks in a shopping area in Beijing on April 4.
Photographer: Giulia Marchi/BloombergThis article is for subscribers only.
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The coronavirus shock has influential Chinese economists and officials engaging in a previously unimaginable debate: should Beijing drastically reduce its economic growth target or even abandon it altogether?