Evening Briefing Asia

Xi’s Economy Ends Turbulent Year on a High Note

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Chinese President Xi Jinping

Photographer: Qilai Shen/Bloomberg

China's economy is ending the year on a high note.

Besides data showing an unexpected recovery in the nation’s key manufacturing sector, China is set to meet its economic targets for 2025. That's according to President Xi Jinping, who told the country’s top political advisory that he expects growth to reach “about 5%.”