In Brief: China’s economic targets draw scepticism; UK banks placed on alert over erroneous Companies House filings
China has set a growth target of around 5 per cent for this year, accompanied by a fiscal deficit of 3 per cent of its gross domestic product. Premier Li Qiang announced these targets during the opening of the annual National People’s Congress on Tuesday, presenting them in his keynote “work report” speech.Investors are closely monitoring this year’s meetings, known as the “Two Sessions”, involving the NPC, China’s rubber-stamp parliament, and its top advisory body, the Chinese People’s Political Consultative Conference. They are keenly observing for signals on how the...