China Guides Down: Beijing Drops Economic Growth Target To Lowest Level In 35 Years

China Guides Down: Beijing Drops Economic Growth Target To Lowest Level In 35 Years China just admitted what we've been reporting for years: the old growth engine is sputtering, and the world's second-largest economy is officially shifting into a lower gear. At the opening of the National People's Congress (NPC) on Thursday, Premier Li Qiang unveiled a 2026 GDP growth target of 4.5% to 5% - the lowest benchmark since 1991 and the first time in over three decades Beijing has dare...

By Tyler Durden