China is likely to set 2026 economic growth target between 4.5-5.0%, SCMP reports citing sources
Newsquawk Staff ·
China is likely to set 2026 economic growth target between 4.5-5.0%, SCMP reports citing sources.
What it means
China's projected economic growth target for 2026, set between 4.5% and 5.0%, suggests a cautious approach to growth amidst ongoing structural challenges. This outlook could indicate their focus on stability over aggressive expansion, impacting global markets, especially commodities and currencies tied to Chinese demand.
Sources
- Advanced Micro Devices Inc. (AMD) Q3 2026 (USD): Adj. EPS 2.09 (exp. 1.95), Revenue 13.4bln (exp. 13.1bln)
- Super Micro Computer Inc. (SMCI) Q1 2027 (USD): Adj. EPS 1.81 (exp. 1.20), Revenue 19.9bln (exp. 16.02bln)
- Amgen Inc. (AMGN) Q3 2026 (USD): Adj. EPS 6.45 (exp. 5.79), Revenue 10.4bln (exp. 10.07bln), Adj. operating income 4.7bln (exp. 4.33bln)
- The Yemeni Armed Forces reportedly attack vital facilities in the southern region of Saudi Arabia, reports Sabereen News
- China's Auto Industry Body CPCA says Tesla (TSLA) sold 67,829 China-made vehicles in Oct (prev. 95,366 M/M)
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