Premier Li Keqiang confirmed at the National People’s Congress on Friday that China would not set an economic growth target for 2020. Photo: AFP
Premier Li Keqiang confirmed at the National People’s Congress on Friday that China would not set an economic growth target for 2020. Photo: AFP

China GDP: economy facing perilous challenges even after Beijing abandons 2020 growth target

  • Premier Li Keqiang confirmed the news at the National People’s Congress on Friday, with China facing a potential recession in the second quarter amid the coronavirus
  • The decision to drop the economic growth target to focus on more tangible issues, including unemployment, shows the huge challenges facing China

Premier Li Keqiang confirmed at the National People’s Congress on Friday that China would not set an economic growth target for 2020. Photo: AFP
Premier Li Keqiang confirmed at the National People’s Congress on Friday that China would not set an economic growth target for 2020. Photo: AFP
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