Global stock markets mostly fell on Tuesday (March 5) as China cut its growth target to a 30-year low. China’s Premier Li Keqiang said in a speech at the annual meeting of the Chinese parliament that China had set the target of economic growth at between 6.0 to 6.5% for this year—it’s lower than last year’s 6.6% rate of expansion, which was already the country’s weakest annual growth in three decades.

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