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China set its lowest annual GDP target in decades Saturday, as Premier Li Keqiang warned of a "grave and uncertain" outlook against the backdrop of the coronavirus, a property slump and Russia's invasion of Ukraine.
Li announced the unusually modest target of around 5.5 percent growth for 2022 -- the lowest since 1991 -- in his speech opening the annual session of China's rubber-stamp parliament. IMAGES AND SOUNDBITES