China GDP: ‘new uncertainties’ ahead for economy, Premier Li Keqiang warns, even with double-digit growth expected

Source: South China Morning PostChina’s unbalanced economic recovery faces “new uncertainties”, warned Premier Li Keqiang, even with its growth in the first quarter predicted to hit an eye-catching 19 per cent. Beijing is keen to maintain a cautious view towards the prospect for the world’s second largest economy, highlighted by setting a modest economic growth target of “above 6 per cent” for 2021, and is looking to keep necessary fiscal and monetary support in place.China is set to release its first quarter gross domestic…Read More

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