China is facing significant challenges to achieve its 2025 GDP growth target of 5%, as a crippling property crisis and weak consumer spending threaten to hold back the economy. The country’s mounting debt also casts a shadow over its prospects. The introduction of new tariffs by US President Donald Trump has further added uncertainty, making it even more difficult for China to meet its ambitious goal.
Source: https://www.bloomberg.com/news/articles/2025-03-07/china-confronts-economic-woes-trump-tariffs-podcast