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China's economic growth target dips to 4.5% in uncertain times

Source: apnews.com apnews.com
News Snapshot:

BEIJING (AP) — 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 slump and other headwinds and uncertainty abroad.The target was announced Thursday in an annual report being presented by Premier Li Qiang at the opening session of this year’s meeting of the National People’s Congress. The report set the goal and added “while striving for better in practice.”The target was lowered from about 5% in each of the last three years. The economy grew 5% in 2025. “While recognizing our achievements, we are also…

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