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China cuts taxes, sees 'tough struggle' as growth slows Listen
Premier Li Keqiang has warned that China faces a "tough struggle" ahead as he unveiled tax cuts to prop up a stuttering economy while increasing military spending to 1.2 trillion yuan. Li told the opening session of the annual National People's Congress that the government is targeting growth of 6-6.5 percent this year, as he warned the country will "face a graver and more complicated environment, as well as more risks and challenges." Annemarie Evans asked China analyst Mark O'Neill if he thinks China can achieve its GDP target:
India plays down end to US trade preferences Listen
India has played down Washington's decision to scrap its preferential trade status, which had allowed billions of dollars’ worth of imports from India to enter America duty free. US President Donald Trump said his decision was in response to high tariffs imposed by India on US goods. But Delhi put on a brave face, saying the end of the Generalized System of Preferences (GSP) programme would not have a significant impact on Indian trade. Annemarie Evans spoke to our Delhi correspondent Murali Krishnan for more on India's response: