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Thursday, May 21, 2020

Covid-19: China drops GDP target, a first in yrs

China took the rare move of not setting an annual growth target this year after the coronavirus battered the world's second-largest economy and ravaged global growth. Instead, given "great uncertainty" caused by the Covid-19 pandemic, Beijing will "give priority to stabilising employment and ensuring living standards".

from Times of India https://ift.tt/2ZsKOSy
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