Breakingviews - China’s politburo serves investors a nothingburger

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From Breakingviews - China’s politburo serves investors a nothingburger

A screen shows a CCTV state media news broadcast of Chinese President Xi Jinping, addressing the BRICS Business Forum via video link, at a shopping center in Beijing, China, June 23, 2022.

Thomas PeterHONG KONG, July 29 - The first rule of growth target is you don’t talk about growth target. At Thursday’s meeting of the political bureau of the Chinese Communist Party’s Central Committee, officials: Covid-19 eradication, sustained pressure on the real estate sector, plus the usual anodyne commitments to improving credit support, defusing financial risk, and boosting domestic demand and entrepreneurship. To quote Greta Thunberg, “blah blah blah”.

 

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