China on Thursday set a slightly lower gross domestic product growth target for 2026 of 4.5 to 5 percent during the opening day of its annual parliamentary session, as the world's second-largest economy tackles challenges such as a prolonged property-sector crisis and global geopolitical uncertainty.The Asian powerhouse will boost its military spending in 2026 by 7 percent from last year to 1.9 trillion yuan ($280 billion), down from the 7.2 percent year-on-year rise in 2025 but marking the fifth consecutive annual expansion in the 7 percent range, according to a budget report submitted to …READ FULL ARTICLE
