Provinces lower inflation targets for 2025
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Almost all of China’s provinces have set lower inflation targets for 2025.
Of China’s 31 provincial-level governments, 27 set a consumer price index (CPI) growth target of 2% for this year, well below the 2024 national target of 3% (SCMP).
The exceptions were:
Tibet, which set a 3% target
Shandong,...