- China reportedly considers lowering 2020 growth projections due to coronavirus outbreak, - Bloomberg reports, citing people familiar with the matter
Market news
3 February 2020
China reportedly considers lowering 2020 growth projections due to coronavirus outbreak, - Bloomberg reports, citing people familiar with the matter
According to the report, China's officials are evaluating whether a 6% target for the country's economic growth in 2020 should be lowered as a part of a broader review of how the government's plans will be impacted by the new coronavirus outbreak.
The sources add that officials are also considering more measures to bolster the economy, although final decisions on the above matters have not been made.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page