![]() China Daily |
China Cuts GDP Target as Wen Seeks Sustainable Growth: Economy
San Francisco Chronicle March 5 (Bloomberg) — China pared the nation's economic growth target to 7.5 percent from an 8 percent goal in place since 2005, a signal that leaders are determined to reduce reliance on exports and capital spending in favor of consumption. China cuts economic growth target China Plans Lower Budget Deficit for This Year as Economic Growth Cools China cuts 2012 growth target to 7.5 percent, stability key |