Five Things You Need to Know to Start Your Day: Asia
China to announce growth target. Shehbaz Sharif faces tough test as new premier of Pakistan. Asia stocks expected to move higher. Here’s what you need to know today.
China is set to announce its 2024 growth target — expected to be around 5% — and outline its strategy for supporting the slowing economy at the nation’s most high-profile annual political gathering this week. Premier Li Qiang will deliver the government work report on Tuesday. Officials are looking to chart a recovery after a turbulent year that saw the economy grapple with deflation, an ongoing property crisis, mounting debt burden and foreign capital exodus. Here’s everything else you can expect to see at the annual gathering.