China targets slower economic growth as headwinds gather

China is aiming for gross domestic product growth of 5.5% in 2022. Premier Li Keqiang cites an external environment that is ‘increasingly volatile, grave, and uncertain.’ BEIJING, China – China on Saturday, March 5, targeted slower economic growth of around 5.5% this year as headwinds including an uncertain global recovery and a downturn in the … Read more

US job growth surge underscores economy’s strength as headwinds rise

WASHINGTON, USA – US job growth accelerated in February, pushing the unemployment rate to a two-year low of 3.8% and raising optimism that the economy could withstand mounting headwinds from geopolitical tensions, inflation, and tighter monetary policy. The Labor Department’s closely watched employment report on Friday, March 4, also showed the economy created 92,000 more … Read more