China on Tuesday set itself a gross domestic product growth target of around 5 percent for 2024 during the opening of an annual session of its parliament, with the Asian powerhouse striving to shore up its slowing economy amid a long-running property crisis.Beijing also announced in a budget report delivered at the National People's Congress session that it will increase its military spending this year to 1.67 trillion yuan ($231 billion), a 7.2 percent rise from last year and a sum around 4.3-fold larger than Japan's defense budget.On Taiwan, which Beijing regards as part of its territory,…READ FULL ARTICLE
