China lowers growth targets to lowest in 28 years

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China lowers growth targets to lowest in 28 years

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“A more complicated environment as well as risks and challenges, foreseeable and otherwise, that are greater in number and size.” by Chong Koh Ping, The Straits Times – Asia News Network China will set lower growth targets, between 6-6.5% this year, as the world’s second largest economy loses steam due to the ongoing trade war with the US along with weaker domestic and global demand. “We must be fully prepared for a tough struggle,” said Chinese Premier Li Keqiang at the opening of the annual session of the national Parliament this morning

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China lowers growth targets to lowest in 28 years

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