The annual gathering of the National People's Congress deputies and top policymakers comes as China's economic woes pile up. GDP TARGET: Though the sessions start Monday, markets will have to wait until Tuesday for Chinese Premier Li Qiang to announce the economic growth target in his annual government work report. Investors have become increasingly concerned about the strength of China's consumer demand, a key engine of economic growth. China's consumer inflation in January fell at the fastest pace in over 14 years, underlining continued weakness in demand. PROPERTY: Policymakers will doubtless address the property sector, but how policies are phrased will be under scrutiny.

Source: Wall Street Journal March 01, 2024 13:38 UTC