China sets GDP target at 5% and raises budget deficit level as trade war intensifies
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Euronews.com
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China has set a 5% economic growth target for 2025 and increased its budget deficit to 4% of GDP while lowering the inflation target to 2%. The government plans to issue 4.4 trillion yuan in special bonds to finance infrastructure and support domestic consumption amid escalating US-China trade tensions, including new tariffs imposed by both countries. Despite the trade war, Chinese stock markets have shown signs of recovery, particularly in copper futures. Teljes cikk (Euronews.com)