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China sets 5% GDP growth target for 2023, plans to increase military spending
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The biggest annual event on China's political calendar, the "two sessions" meetings, are underway in Beijing. President Xi Jinping has announced China would increase its military spending by 7.2% amid increased tensions with Washington over Taiwan, and the country's outgoing prime minister set a target of 5% GDP growth for 2023. CBS News senior foreign correspondent Elizabeth Palmer joined Anne-Marie Green on "CBS News Mornings" to discuss.
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