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Wednesday, 28 August 2013

China says economy steadying after long slowdown

BEIJING (AP) — China’s government tried Monday to reassure companies and its public about the economy’s health, saying growth is stabilizing after a lengthy decline and should hit the official target of 7.5% for the year.


The announcement by the chief spokesman for the Cabinet’s statistics agency was part of official efforts to defuse unease about the country’s deepest slump since the 2008 global crisis.


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The Associated Press via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/N5hszengqlQ/

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