China state media says GDP will achieve target despite challenges

A piece in Reuters on Xinhua saying China will overcome the trade war with the US:

  • China will keep its economic growth within a reasonable range
  • And achieve this year's target despite challenge

"We must do a good job in stabilizing employment, finance, foreign trade and investment, and expectations," Xinhua said, citing a statement released after a meeting of ruling Communist Party's Politburo.

China's economy faces some new problems and new challenges, including "significant changes in the external environment", Xinhua cited the Politburo meeting - chaired by President Xi Jinping - as saying."We must seize the main contradictions and take targeted measures to solve them," it said.

Link to Reuters for more

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