Why UBS GWM and UBP think China will fall short of 5% growth target

By Stanley Yupu Li , senior reporter | 6 March 2024 | 4 minutes read

China has announced an ambitious 5% growth target for 2024, leading to some raised eyebrows among the investor community as the world’s second-biggest economy battles a property crisis, deflation and geopolitics. Private banks such UBS Global Wealth Management (GWM) and UBP believe China will fail to hit this growth target. Premier Li Qiang announced the growth target on Tuesday at…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]