World Bank forecasts China's economy to grow by 5% this year

  • China's target is 5.5%. China has a habit of nailing the target pretty much spot on or just above.

The World Bank betting against the Chinese Communist Party edict for 5.5% GDP growth in 2022.

World Bank:

  • says East Asia and Pacific region forecast to frow 5% in 2022
  • China also +5.0%
  • Says Russia's war on Ukraine is the most serious risk to the region

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