China Economy

China set to cut growth target

David Llewellyn-Smith
Thursday, 13 November 2014
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From MNI via Forexlive:

China Business News: China set to lower 2015 GDP growth target

  • The government hasn’t finalized a GDP growth target for 2015 but most suggest lowering it to around 7%, people involved in drafting the Central Economic Work Conference report said
  • Many officials believed there is room to lower the GDP target from this year’s around 7.5%
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.