The goal, announced at a gathering of Communist Party leaders, was the lowest since 1991 and can offer clues about China’s policymaking plans.
The Asian nation has now set the official deficit at above 3% of GDP five times since 2020 Read more at The Business Times.
Analysts have said a lower growth target gives Beijing more flexibility to implement reforms that make the world’s second-largest economy less reliant on exports for growth, having posted a record ...
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China has set an economic growth target of 4.5% to 5% for this year, a slight decrease in the face of a prolonged property ...