At the opening session of China's National People's Congress, Premier Li Keqiang announced the country is lowering its annual growth targets to 6.5 percent. Facing slowing export growth, Li promised to open some markets to private competitors.
China's GDP grew 6.9 percent in 2017 — the fastest pace in two years and higher than expected by analysts. The economy's strong rebound came despite efforts to curb financial risk from excessive debt growth.
China is shoring up its sphere of influence in Southeast Asia through aid and investment. By funding infrastructure and development, China can increase its economic and strategic leverage over poorer neighbors.
A 177-year-old Dutch tradition could soon come to a close, if fashion retailer C&A is sold to Chinese investors. But could new owners really help the fashion house beat off stiff global competition?
Germany has recorded its strongest growth in six years and an annual budget surplus. While this sounds impressive, a lot needs to be done to see this success story continue, says DW's Henrik Böhme.
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