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China Targets Lowest Economic Growth Since 1991 Amid Multiple Challenges

Beijing aims for its lowest economic growth target since 1991 as it seeks to reshape its economy while grappling with issues like weak consumption, population decline, a real estate crisis, global trade tensions, and an energy crisis due to the Iran war.

5 Mar, 08:15 — 5 Mar, 11:31
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France 241h ago

China sets lowest economic growth target since 1991

China's annual parliamentary session kicks off with a growth downgrade as leaders target technology dominance in the manufacturing field. We take a closer look. Also in this edition: South Korean markets bounce back from a huge selloff, and a US trade court orders the Trump administration to issue tariff refunds.

By Bryan QUINN

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SCMP3h ago

China’s growth target cut reflects pragmatism amid challenges

China set the lowest economic growth target since 1991 as the country contends with global trade tensions, weak domestic demand and rising debt from white elephant investments. A target range for growth of 4.5 to 5 per cent, “while striving for better in practice” was announced by Premier Li Qiang as he delivered the annual government work report on the opening day of the National People’s Congress (NPC), the annual legislative gathering. That marks a reduction from “around 5 per cent” in eac...

By Brian Rhoads,Raymond Ma

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hindustan-times3h ago

China Signals New Era of Slower Economic Growth

Beijing set a historically low growth target of 4.5% to 5%.

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danas4h ago

Je li Kina u problemu: Peking cilja najniži privredni rast od 1991.

Peking želi da preoblikuje privredu dok se suočava sa problemima poput slabe potrošnje, smanjenja stanovništva, tekuće krize nekretnina, globalnih trgovinskih tenzija i energetske krize zbog rata u Iranu.

By BBC News na srpskom

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