*Japan to miss FY2020 GDP target of 600 trln yen- govt forecast. TOKYO, July 26- Japan will not meet its goal of reaching nominal gross domestic product of 600 trillion yen in fiscal 2020, and may not achieve it even by fiscal 2024 if growth stays sluggish, the government's projections showed on Tuesday, adding pressure on policymakers struggling to revive the... » Read More
To make the private sector more competitive, Beijing needs to make its state-owned enterprises (SOEs) smaller, says Erwin Sanft, head of China Strategy at Macquarie.
Shen Jianguang, Greater China chief economist at Mizuho Securities Asia, says the announcement of a "new normal" indicates China's determination to push through reforms.
China's decision to maintain its employment target means that it could shift to a pro-stimulus environment in the coming months, says Alaistair Chan, economist at Moody's Analytics.
Minglu Chen, lecturer at University of Sydney, says China's announcement of a lower growth target doesn't mean that the country has reached a critical point in its economy.
CNBC's Steve Liesman reports on new forecasts for U.S. GDP.
Martin Schulz, senior economist at Fujitsu Research Institute, says components like consumer spending were stronger in the final quarter of 2014.
Uwe Parpart, MD & Head of Research at Reorient Financial Markets, discusses news that some foreign banks are adopting stricter lending criteria for China's state-owned enterprises (SOEs).
Luca Silipo, chief economist for Asia Pacific at Natixis, says Monday's fourth-quarter growth data show how a softer yen has been detrimental to Japan's domestic demand.
CNBC's Rick Santelli discusses jobs report, productivity gains and trade promotion authority, with Ed Lazear, Hoover Institute senior fellow.
Ahead of the opening bell for the U.S. markets today, Scott Shellady, senior vice president at TJM Investments, discusses nonfarm payrolls and quantitative easing
Nicole Wong, regional head of Property Research at CLSA, says China's property market is seeing improving conditions on the back of supportive policies.
Nicholas Ferres, investment director, Global Asset Allocation at Eastspring Investments, explains why China's growth target for 2015 "doesn't make sense."
Gina Sanchez, chairwoman & founder of Chantico Global, disputes the belief of bad weather impacting jobs creation in the U.S. and says February's report is unlikely to see wage growth.
Stephen Roach, senior fellow at Yale University, says China's new growth target of "about 7 percent" shows that it is moving away from the old practice of central planning.
CNBC's Susan Li reports China lowers its growth outlook and increases government spending to $2.7 trillion in 2015.
Eswar Prasad, senior professor of Trade Policy at Cornell University, says Beijing is trying to de-emphasize its growth target and send a strong signal that they remain committed to reforms.
Craig James, chief economist at Comm Sec, says strong growth in Australia's housing sector may be able to offset weakness in the mining industry.
Wei Yao, China economist at Societe Generale and Paul Bloxham, chief economist, Australia & New Zealand at HSBC, discuss whether a 7 percent growth target contradicts with China's reform efforts.
Paul Bloxham, chief economist, Australia & New Zealand at HSBC, says Australia's growth data for the fourth quarter are a "downside surprise" and vindicate the central bank's rate cut decision last month.
Matthew Circosta, economist at Moody's Analytics, expects the Australian economy to expand 0.5 percent on-quarter in the October-December period.