BEIJING (Reuters) – China will be able to achieve economic growth of around 5.5% in 2022, Zhu Guangyao, an adviser to China’s cabinet, said on Friday.
China’s potential economic growth rate is estimated at 5-6%, Zhu told a briefing.
The expected interest rate hikes by the U.S. Federal Reserve could have a very big market impact, Zhu said, adding the United States should strengthen its policy coordination with developing countries.
(Reporting by Kevin Yao; Editing by Himani Sarkar)