> China's 5% GDP target 'ambitious', trade tensions 'likely to escalate': economist / 36ZG2V9
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China's 5% GDP target 'ambitious', trade tensions 'likely to escalate': economist / 36ZG2V9
Clip ID 2272052
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China's target of 5 percent GDP growth in 2025 is "ambitious" as it faces a series of "external and domestic challenges" including the ongoing trade tensions with the US, Commerzbank senior economist Tommy Wu tells AFP.
The tit-for-tat trade retaliation will "likely escalate further" but wouldn't escalate "too fast, too quickly, or too much" as China would rely on exports to meet the growth target set for 2025, he adds. SOUNDBITES