BBCNEWS World Business Report July 6, 2024
the country has set a modest target for economic growth this year of around 5%, as it kicked off the annual session of its national people's congress, which is poised to implement the biggest government shake—up in a decade. last year, successive strict lockdowns slowed growth in china. official figures show the world's second largest economy grew by 3% last year, which was way below the government target of 5.5% and its slowest for decades. now, compared to many economies, a 5% growth target sounds very positive — but as janet mui, head of market analysis at brewin dolphin, expl...