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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 they
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