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Vale Tudo
CNBC International Live
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Comments by "Vale Tudo" (@valetudo1569) on "China has 'no chance' of meeting its 5% GDP target on current trends: MacroLens" video.
I wouldn't go so far as what the title suggests. In a normal/market economy, this would be true... but the Chinese government will use as much debt as needed to make sure they hit that target. GDP is not a good measure of value creation though, and much of that GDP is likely to come from unproductive spending
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