
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.
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China targets lowest growth range since 1991 in realistic move as pressures rise
Beijing has set a relatively cautious yet pragmatic economic growth target for 2026 amid persistent domestic headwinds and escalating external pressures. A 4.5 to 5 per cent GDP growth target – the lowest since 1991 – was announced by Premier Li Qiang on Thursday at the opening session of the National People’s Congress (NPC), China’s top legislature. In delivering his annual government work report, Li reaffirmed Beijing’s aim for stronger economic growth where conditions allowed. He emphasise...
By Jane Cai
Read full article →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
Read full article →China Signals New Era of Slower Economic Growth
Beijing set a historically low growth target of 4.5% to 5%.
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