China sets modest economic targets as it seeks to bounce back from Covid woes

China sets modest economic targets as it seeks to bounce back from Covid woes

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China has set a target of 5% GDP growth in 2023, its outgoing premier has said in a speech to the ruling party’s rubber-stamp parliament – a goal that is at the lower end of analysts’ expectations and follows a 2022 figure that came in far below target. The “work report” speech on Sunday also…

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