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China promises stimulus spending, sets no growth target

Seattle Times Friday, 22 May 2020 ()
BEIJING (AP) — China’s top economic official on Friday promised higher spending to revive its coronavirus-battered economy and curb surging job losses and said Beijing would set no growth target in order to focus on fighting the disease. Premier Li Keqiang, in an annual report to China’s ceremonial legislature, warned that the battle against the […]
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Video credit: Reuters Studio - Published
News video: China ditches GDP target for first time

China ditches GDP target for first time 01:27

China will refrain from setting a GDP target citing concerns over the coronavirus and global uncertainty, the country's premier said on Friday. Ciara Lee reports

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