China ditches its annual growth target for the first time as coronavirus hammers the world's 2nd largest economy

China ditches its annual growth target for the first time as coronavirus hammers the world's 2nd largest economy

Business Insider

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· China ditched its annual growth projection for the first time in decades in a rare move that shows the true scale of the coronavirus economic impact.
· Every year China sets a formal target for GDP growth, usually around 6%, and generally meets it.
· However, the uncertainty caused by the coronavirus led to its...

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