8 March 2026 | 9:55PM HKT Economics Research China: Three things in China Three quick highlights from China: n "Two Sessions" in line: The main messages from the "Two Sessions" largely met expectations. The real GDP growth target was lowered to "4.5–5%" from "around 5%" last year. The total amount of government bond issuance quoted was RMB 11.9 trillion, unchanged from 2025. There were some interesting points from the budget proposal and press conference: China's diplomatic budget will increase by 9% this y ...