China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world's second-biggest economy, setting a somber tone to this year's meeting of parliament.

Topics:  covid-19   china   parliament   economy   
BING NEWS:
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    Gross domestic product (GDP) grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the estimate of 4.6% growth from a Reuters poll ...
    04/15/2024 - 7:19 pm | View Link
  • Don't write off China: Why one economist says the nation is likely to grow at double the rate of the US in coming years
    He notes that although China's 2023 GDP expansion appears meager to the double-digit growth it achieved in prior years, pessimists are thinking this means that China's falling behind the US economy.
    04/3/2024 - 7:39 am | View Link
  • ‘Historic breakthrough’: China’s installed wind turbine cost drops to one-fifth of the US in green energy race
    Wind power is soaring ahead in China, with the installation price of turbines dropping nearly 45 per cent thanks to technological advancements and economies of scale, according to government ...
    03/28/2024 - 2:24 am | View Link
  • NZ MPs and Parliament systems targeted by China-based hackers
    Data relating to New Zealand MPs was stolen amid Chinese state-sponsored cyber espionage targeting two arms of the country’s Parliament. The heads of the New Zealand spy agency, the Government ...
    03/25/2024 - 5:40 pm | View Link
  • Two sessions: Can a rubberstamp parliament help China's economy?
    The Chinese government is under massive pressure to come up with solutions for its troubled economy. So people will be watching the National People's Congress to see what's on offer as it kicks ...
    03/3/2024 - 11:00 am | View Link
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