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Peter Jacobsen
South China Morning Post
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Comments by "Peter Jacobsen" (@pjacobsen1000) on "China aims for modest 5.5% GDP growth in 2022, citing economic pressures" video.
5.5% is pretty high, but apparently they're going to pump USD 500 billion of govt. investment into the economy this year, so it could still be achievable.
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@gulitzt5865 I did see the last years. 2018: 6.7%, 2019: 5.9%, then 2020/2021 averaged out at 5.1%/year. As Li Keqiang said, there are serious downward pressures on the Chinese economy, with low consumption growth and the downsizing of the property sector as two main points.
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