Pang: China’s challenges are mounting
High global energy costs are a problem for people around the world and not least in China. Leaders there have assembled for the annual 'Two Sessions' gathering and ING's Greater China economist, Iris Pang, says the challenge to promote strong economic growth is high
China’s challenges are mounting
How can China's leaders support economic growth? It's one of the main things up for discussion at this year's 'Two Sessions' gathering which sets out the establishment's priorities for the coming year. ING's Iris Pang in Hong Kong says high energy costs, driven by the war in Ukraine, are a mounting concern. She expects big infrastructure spending to be announced but this year's growth rate will still be moderate.
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