China warns against focusing on fast growth, suggesting slight deviations from 5% target are okay.

China's state news agency, Xinhua, has warned against prioritizing rapid economic growth ahead of the Central Economic Work Conference. The commentary suggests that slight deviations from the 5% annual growth target are acceptable, potentially disappointing investors expecting stronger stimulus measures for 2025. Despite recent stimulus efforts, including rate cuts and housing support, China aims to manage economic expectations carefully.

4 months ago
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