China's Premier warns of 'hidden dangers' for country’s economy | DW News

China’s annual National People's Congress event has kicked off in Beijing, where leaders have announced a target of five percent economic growth for 2024 - far below the double-digit growth that once powered the Chinese economy. They also plan to increase defense spending by 7.2 percent - the same rate of increase as last year. But even China's Premier Li Qiang warned that achieving this year's targets will not be easy. Analysis from DW’s Asia Analyst Clifford Coonan and economist George Magnus from Oxford University.

Chapters:

00:00 Intro
00:43 Interview Clifford Coonan, DW Asia Analyst
03:44 Interview George Magnus, Oxford University Economist

#china #economy #nationalpeoplescongress

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