08-March-2026
Economy News
 
China to Boost Spending to Meet Growth Target Amid Rising Global Uncertainty
07-Mar-2026

China will boost spending in major infrastructure and public services to help meet this year's economic growth target, government officials said on Friday, as the U.S.-Israeli war on Iran adds to global uncertainty. Beijing on Thursday unveiled a slightly lower growth target of 4.5%-5% for 2026, down from last year's 5%, which was met largely through a one-fifth surge in its trade surplus to a record $1.2 trillion.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-06/chinas-central-bank-vows-flexible-efficient-cuts-in-reserve-ratio-rates-in-2026
 
 
 

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