premier li qiang

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    China's Economic Strategy: Addressing Domestic and Global Challenges

    Beijing, March 5 China announced a GDP growth target of 4.5 to 5 percent for this year, facing challenges from Trump's trade tariffs, the global crisis following the US-Iran war, and economic issues at home, including a slump in the property market and high unemployment.Premier Li Qiang...
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    Revised Defence Budget Reflects China's Economic Adjustments

    Beijing, March 5 China announced on Thursday that it would increase its defence budget by over 10 per cent, to USD 275 billion, about USD 25 billion more than last year, as it accelerates the modernisation of its armed forces to keep pace with the US military.Approximately 1.9 trillion yuan...
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