World Bank Says China Will Reach G.D.P. Target for Year

China should hit its gross domestic product growth target of 7.5 percent this year, the president of the World Bank, Jim Yong Kim, said Sunday.

But he warned that rising interest rates in emerging markets, in response to reports that the United States is preparing to scale back its buying of government bonds, show that significant risk remains.

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Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/Uc-fM4u8VDg/