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China Abandons Hard Growth Target, Shifts Stimulus Focus to Jobs

  • Premier Li says outlook is ‘difficult to predict’ in 2020
  • Li says China to work with U.S. to implement trade deal
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China Omits 2020 GDP Target, Citing Virus, Global Uncertainties
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The Chinese government abandoned its decades-long practice of setting an annual target for economic growth amid the storm of uncertainty unleashed by the coronavirus pandemic, and said it would continue to increase stimulus.