China has quietly lowered its official economic growth target to between four and five percent, the weakest goal the communist regime has set since 1991.
The move signals growing concern inside Beijing and the ruling Chinese Communist Party about their economic sustainability.
Despite being the world’s second-largest economy, China’s problems include weak consumer spending, a collapsing property sector, and a shrinking population.
The country has also suffered due to President Trump’s tariffs on Chinese exports.