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Isabel KUA

China sets lowest growth target in decades as consumption lags

China sets lowest growth target in decades as consumption lags

China set its lowest annual growth target in decades on Thursday, at 4.5-5 percent, as the government outlined plans to tackle sluggish consumption and a flagging property market. Beijing also used its showpiece annual political gathering to announce a seven percent increase in its defence budget, the second
Isabel KUA, Sam DAVIES 04 Mar 2026

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