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China will not set GDP target for 2020 as coronavirus batters economy
China made a rare decision not to set a target for its economic growth this year due to uncertainties about the impact of the coronavirus. “I would like to point out that we have not set a specific target for economic growth this year,” Chinese Premier Li Keqiang said in an English-language text of the work report he was set to deliver on Friday. “This is because our country will face some factors that are difficult to predict in its development due to the great uncertainty regarding the covid 19 pandemic and the world economic and trade environment,” Li said. The remarks are part of China’s annual ... (full story)