China's weak economic target for 2022 sends worrying signal to Australia
China’s weak economic target for 2022 sends worrying signal to Australia
With its engine of growth stifling, China has set itself an unambitious target for its economy in 2022. It is seeking “stability”. In a potentially worrying signal for Australian iron ore miners and LNG producers, it is also seeking a “strategic baseline” to ensure self-sufficiency in energy, grains and minerals, with a “safety line” for imports that cannot be exceeded. These are two of the main…
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