China sets lowest growth target since 1991 as economy struggles to keep pace

China sets lowest growth target since 1991 as economy struggles to keep pace

BEIJING – China on Thursday announced its lowest growth target in 35 years, as the world’s second-largest economy grapples with domestic challenges and rising uncertainty around the world. This year, China will aim for 4.5% to 5% growth in gross domestic product “while striving for improvement in behaviour”, China’s No. 2 official, Premier Li Qiang,…

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Labor disaster as EV sales fall short of target despite discounts in the UK | news

Labor disaster as EV sales fall short of target despite discounts in the UK | news

Britain’s electric vehicle campaign suffered a major setback in 2025, with sales missing the Labour government’s key target by a wide margin, while manufacturers spent billions of dollars in rebates to shift stocks. According to preliminary data from the Society of Motor Manufacturers and Traders (SMMT), battery electric vehicles (BEVs) captured only 23.4% of the…

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