President Xi Jinping had already been battling persistently low consumption, a property crisis and unemployment, before Donald Trump's new 10% levy on Chinese imports came into effect on Tuesday.
onsdag 5. mars 2025
China targets 5% growth as it reels from Trump tariffs
China has set an economic growth target for this year of "around 5%" and pledged to pump billions of dollars into its ailing economy, which is now facing a trade war with the US. Its leaders unveiled the plan as thousands of delegates attend the National People's Congress, a rubber-stamp parliament, which passes decisions already made behind closed doors. But the week-long gathering is closely watched for clues on Beijing's policy changes - and this year is more significant than most.
President Xi Jinping had already been battling persistently low consumption, a property crisis and unemployment, before Donald Trump's new 10% levy on Chinese imports came into effect on Tuesday.
President Xi Jinping had already been battling persistently low consumption, a property crisis and unemployment, before Donald Trump's new 10% levy on Chinese imports came into effect on Tuesday.
