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China’s Ambitious GDP Goal a Boost to Slowing World Economy

  • Beijing’s 5.5% target will require modest investment stimulus
  • Focus on curbing debt growth will limit the global impact
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WATCH: China set an ambitious economic growth target for the year. Stephen Engle reports.Source: Bloomberg
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China’s ambitious GDP target could prove to be a modest boost for a beleaguered global economy that’s grappling with stagflationary pressures from Russia’s war in Ukraine.