Growth of ‘around 5 per cent’ may be revised to between 4.5 and 5 per cent, analysts say, as leadership gears up for tone-setting conference.

As the Chinese leadership prepares to set the economic agenda for the year ahead, analysts expect Beijing to mostly maintain this year’s policy tone but say it could tolerate a slightly lower growth target. Chinese leaders will hold a closed-door meeting to discuss next year’s main policy goals during the central economic work conference, which usually takes place in early or mid-December. “To address the demand slump, we expect Beijing to maintain its proactive fiscal policy stance, with a…

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