Chinese Prime Minister, Li Keqiangannounced that the government has set its economic growth target at “around 5.5%” for this year, the lowest in decades, amid uncertainty over the pandemic and the war in ukraine.
“The pandemic of Covid-19 continues its course, the global recovery lacks dynamism and the price of raw materials remains high… which makes the situation volatile, difficult and uncertain,” Li said at the opening of the annual session of the Chinese legislature.
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