China Softens GDP Growth Target for 2026

China sets the most modest growth target in more than three decades. Not since 1991 when we saw big disinvestment in heavy industry in places like northeastern China have we seen a growth target for a full year this low. And also they're setting a range not like last year where it was around 5% which the Chinese economy did hit that.This time it's going to be a range between 4 and a.5% to 5%. That gives more wiggle room, more flexibility. If the stresses facing the economy externally and internally as they ...