China has just wrapped up its Two Sessions, its biggest political meeting of the year, with Beijing setting a 2026 growth target of 4.5 percent to 5 percent—the country’s lowest target since 1991.
For years, Beijing has set steady growth targets to project stability. Analysts told The Epoch Times that the lower expectations point to a deeper problem: The economy may be much weaker than headline gross domestic product (GDP) numbers suggest.