BEIJING — Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5.0 percent for next year, pushing for stronger fiscal stimulus to mitigate the impact of expected US tariff hikes on the country’s exports.
The ambition to sustain a growth pace that seemed difficult to reach throughout 2024, if confirmed, would surprise financial markets betting on a gradual slowdown in the world’s second-largest economy as trade tensions intensify.
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