bullish

What Does New 2023 Growth Targets Signal About Xi’s Priorities

327 Views07 Mar 2023 00:40
SUMMARY
  • China’s top legislature, the National People’s Congress (NPC), opened its annual meeting yesterday.
  • The main highlight was the presentation of the new work report by outgoing Premier, Li Keqiang, which sets the 2023 fiscal targets for the Chinese economy.
  • Later this week, Xi Jinping is expected to further consolidate his power with several high-profile appointments including the new Premier, vice-premiers, and the new governor of the central bank.
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