Fitch: China’s 2025 growth plans compatible with reducing system risks

Dhwani Mehta FXStreet

China's more modest growth ambitions under 14th five-year plan for 2021-2025 are consistent with reducing systemic risks across the economy, Fitch Ratings noted in its latest review report on the world’s second-biggest economy.

Additional highlights

“China's 2025 growth plans compatible with easing system risks. “

“Estimate China's per capita income at about USD10,500 for 2020.”

“Expects administration of US president-elect Joe Biden to seek to avoid further escalations in US-China trade frictions.”

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Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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