let s start with china, because it s currently holding its annual two day national people s congress and has set out its economic forecast for the year. premier li keqiang told a packed audience in beijing on sunday, that the government hoped to achieve economic growth of around 5% in 2023. the figure is in line with most analyst predictions. last year, successive strict lockdowns slowed china s growth. official figures show the world s second largest economy grew by 3% last year, which was way below the government target of five and a half % and its slowest for decades. lets discuss this with louise loo, senior economist at oxford economics. there s widely expected to be a big shakeup in the team handling the economy. around 5%, it probably implies that growth as low as 4.5% is probably acceptable to the government and we do think that means the policy matters that we see will be a little bit more than what we expect last year. more than what we expect last ear. , , , ye
uk. this has really shone a liuht on uk. this has really shone a light on this uk. this has really shone a light on this and uk. this has really shone a light on this and our - uk. this has really shone a| light on this and our system and how things operate in the uk and surely, supermarkets and suppliers are having to reassess their processes. indeed, one would hope that this is a reassessment process that can unfold rather quickly. however, markets are markets. if a supermarket is not able to pay higher prices than the supplier will simply sell to someone who is and until this course corrects rather quickly, this quirk will enable a number of us consumers to simply have to wait it out until the supply of said produce comes back to quote normal levels that supermarkets can be stocked with them. the clever supermarkets, the ones who understand are these forces work are doing away with fixed price agreements that the vast majority are still stuck in them. i vast majority are still