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China Scraps GDP Target for 2020

BEIJING—Chinese Premier Li Keqiang said Friday the government wouldn’t set an economic target for 2020, in a stark acknowledgment of the challenges facing the world’s second-largest economy as it continues to grapple with the uncertainties around the coronavirus pandemic.

The lack of an official growth forecast, the first time Beijing has omitted a numerical target since it began the practice in 1994, comes after China reported a 6.1% gain in gross domestic product last year—its slowest pace in nearly three decades, though…

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