Bigger Pic: China’s Growth Target Meets Rising Geopolitical Risk

China has set a 4.5 to 5 percent growth target at this year’s National People’s Congress, signaling a more pragmatic approach as the world’s second largest economy grapples with weak demand, property stress and deflationary pressures. At the same time, escalating tensions around Iran are raising questions about energy security, trade routes and the broader balance of power between China and the United States. Alicia García-Herrero, Chief Economist for Asia Pacific at Natixis CIB, shares what the latest policy signals from Beijing mean for growth, markets and China’s role in an increasingly uncertain global economy. Produced/Presented: Ryan HuangSee omnystudio.com/listener for privacy information.