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has set out its economic forecast for the year. 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. janet mui is head of market analysis at brewin dolphin. talk to me about this slowdown because it is a sort of figure that most developed economies would love to have right now, but a slow down to have right now, but a slow down to 5% marks quite a shift in a china s economic outlook. good morning- china s economic outlook. good morning. thank china s economic outlook. good morning. thank you china s economic outlook. good morning. thank you for - china s economic outlook. good mo ....
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, explained china is an exception. i think economists were pretty disappointed at this conservative growth forecast, as you mentioned. it is actually a high figure for the developed market, but china is still an emerging market that should be growing strongly. so this is slower than expected, because i think in the previous year the government has missed this gdp growth target and i don t think that ....
more resilient and people have thought, especially in items such as cars, tvs as well as electric machinery. those items are the largest value and have been importing very well. china s exporter asean also include continued to increase and that is behind a big backdrop of industrial allocation because many of the companies are starting to see the overseas market will probably be very different in a few years and they need to de risk from china. few years and they need to de-risk from china.- few years and they need to de-risk from china. there has been a lot de-risk from china. there has been a lot of de-risk from china. there has been a lot of concern - de-risk from china. there has l been a lot of concern expressed about the chinese economy in general, and as we look at the overarching picture, is reason to be a bit optimistic some encouraging indicators, or is it too early to say? demand remains low. remains low. china s main economic remains low. china s ma ....
host a rabbit fundraiser in florida. the candidates came out swinging against nikki haley, launching a range of verbal attacks on her record and against each other. you were bankrupt and against each other. you were bankrupt when - and against each other. um, were bankrupt when you left the un. after you left the un you became a military contractor, you actually started joining service on the board of boeing is back you scratched for a very long time. that maths does not add up. it adds up to the fact that you are corrupt. there is nothing to what he is saying. there is nothing to what he is saying, and in terms of these donors saying, and in terms of these donors that are supporting me, they donors that are supporting me, they are donors that are supporting me, they are jealous. they wish they they are jealous. they wish they are they are jealous. they wish they are supporting them but i will not they are supporting them but i will not sit there. applause. ....
summit in san francisco. it s their first face to face talks in more than a year, they are expected to discuss the ongoing trade row between the two countries, as well as washington s measures to restrict beijing s access to advanced computer chips. the meeting comes as china s once roaring economy struggles to recover from the the impact of the pandemic. earlier, i spoke to the executive director of the asian trade centre in singapore, deborah elms. she told me this conversation is an important first step. well, i think the most important part is that they ve had a meeting. i mean, that sounds pretty modest, but after a lot of disruption through the trump years and then through the pandemic and through the post pandemic period, just having a conversation between the two leaders is critical to helping stabilise this rocky relationship. we talk a lot about the conflicts and economic differences. but how has this impacted customers and businesses? has there been much of a ....