China signals economic slowdown as it sets its lowest growth target in 35 years

China has signalled a potential slowdown in global economic activity as it lowered its economic growth target for 2026 to between 4.5% and 5%. This economic growth expectation is the lowest expansion goal since 1991. A lower target has been set due to sluggish domestic demand, partly blamed on a prolonged real estate slump and an increasingly uncertain international situation.