Chinese officials face a tough combination of slowing growth and rising inflation driven by soaring pork prices, and trade frictions with the U.S. that could be about to worsen if U.S. President Donald Trump goes ahead with a threatened tariff escalation on Dec. 15.
HONG KONG: China’s annual economic policy-setting meeting begins Tuesday and will wrap up on Thursday, according to people briefed on the plans, right as negotiators aim to finalize a phase-one trade deal with the US.
The annual gathering, known as the Central Economic Work Conference, lays down priorities for economic policy for the coming year and sets targets for gross domestic product growth, the fiscal deficit and inflation. The details aren’t released until legislative meetings in March.
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