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monday dow finished down 11, nasdaq off more than 1% and the s&p 500 lost about half a percent. china s premiere is bullish about his country s economic outlook. he is predicting growth of about 5% for this year, that would be a big improvement over last year s 3% economic growth which fell short of beijing s target. let s go live to anna coren in hong kong. reporter: as you say the premier sounding optimistic about the country economy announcing that china s economic growth was projected to be around 5%. this is as the economy is struggling to make the post covid recovery that markets were anticipating after it reopened at the end of last year. as you remember if virtually cut itself off from the rest of the world for almost three years with its harsh covid policies.

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