The new target does not take into account the ongoing conflicts in Iran, economists caution.Two men chat outside office buildings in the central business district in Beijing on March 4, 2026. Greg Baker/AFP via Getty Images3/5/2026|Updated: 3/5/2026The Chinese regime has set this year’s economic growth target at the lowest level since 1991, as the growth model that elevated the country to the world’s second-largest economy has led to a host of thorny issues at home and beyond.In an annual work report delivered on March 5 to the National People’s Congress—China’s rubber-stamp legislature—Premier Li Qiang set a target for gross domestic product (GDP) to rise by 4.5 percent to 5 percent.
China Cuts Official Economic Growth Target to Lowest in Decades
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