What are the expected outcomes of the trade data for April?
China Considers Dropping Numerical GDP Growth Target for 2020
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Business, Social Studies
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University
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Hard
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The transcript discusses the economic situation in China, focusing on the decision to drop GDP targets due to uncertainty. Policymakers are shifting their focus to employment stability and potential growth. The discussion includes expectations for economic recovery, stimulus measures, and fiscal policies, including government bond issuance. The emphasis is on providing income assistance to the unemployed and addressing infrastructure needs.
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What role does infrastructure stimulus play in the current economic strategy?
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