Bloomberg Latest News On China 2024. I’m malcolm scott, international economics enterprise editor in sydney. China’s economic growth target of 5% this year is looking ambitious, given sluggish consumer spending, an uncertain outlook for the country’s exports and a still shaky.

Upgraded its forecasts for china’s economic growth in 2024 and 2025 after beijing unveiled a series of measures to shore up growth, including plans for greater public spending. China pledged to keep spending this year despite a property market slump weighing on key government revenue sources, raising hopes that fiscal expansion can provide more.