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China Slightly Lowers 2024 GDP Growth Target as Economy Languishes

China set an official target for gross domestic product (GDP) growth of around 5% in 2024 in Premier Li Qiang’s “Government Work Report” submitted to the National People’s Congress on Tuesday morning. The 2024 target was about the same as the 5.2% GDP growth rate reported in 2023. China’s state-owned Global Times was popular Mr. […]

Target shares jump as retailer unveils membership program to rival Walmart, Amazon

Target on Tuesday reported an increase in holiday quarter profits despite a weaker-than-expected sales decline, and forecast that comparable sales for the year would be significantly higher than Wall Street expectations, as the company ‘s stock price rose 12%. The mass retailer is counting on same-day service, product launches and new membership programs to drive […]

US bans maker of spyware used to target government officials, journalists

The Treasury has banned the makers of spyware used to target government officials, reporters and activists, introducing “first-ever” sanctions against commercial spyware sellers. us government deployed It imposed sanctions on Greece-based spyware vendor Intellexa and its leadership on Tuesday after targeting U.S. officials. Brian E. Nelson, the Treasury Department’s Under Secretary for Terrorism and Financial […]

China sets modest GDP target as it faces regional tensions and an ageing population | China

China has set a GDP growth target of 5% and expects another year of historic growth, in line with analysts’ expectations. Modest economic ambitions amidst regional tensions and a demographic crisis. Chinese Premier Li Qiang released his annual government work report on Tuesday and spoke about the “challenges” facing China’s leaders. He cited global economic […]