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  • China reportedly considers lowering 2020 growth projections due to coronavirus outbreak, - Bloomberg reports, citing people familiar with the matter
Market news
03.02.2020, 12:43

China reportedly considers lowering 2020 growth projections due to coronavirus outbreak, - Bloomberg reports, citing people familiar with the matter

According to the report, China's officials are evaluating whether a 6% target for the country's economic growth in 2020 should be lowered as a part of a broader review of how the government's plans will be impacted by the new coronavirus outbreak.

The sources add that officials are also considering more measures to bolster the economy, although final decisions on the above matters have not been made.

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