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China can achieve economic growth of around 5.5% in 2022- cabinet adviser -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: A group of people walk by a building that houses a office in Beijing’s Central Business District (CBD), China, March 15, 2021. REUTERS/Tingshu Wang

BEIJING (Reuters – China is likely to see an increase in economic growth of 5.5% between 2022 and 2022 according to Zhu Guangyao a China cabinet adviser.

Zhu stated that China’s potential growth rate in economic activity is 5-6%.

Zhu stated that the expected U.S. Federal Reserve interest rate increases could have an enormous market impact and suggested the United States should improve its coordination with the developing world.

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