China’s economy lost momentum in the first quarter and growth in 2014 could fall short of the government’s official target, according to a CNNMoney survey of economists.
Gross domestic product is forecast to have grown by 7.3% in the first quarter, compared with the same period a year ago, according to the median of 12 estimates. Looking ahead, the economists surveyed also expect full-year growth to slow to 7.3%, below the official target of 7.5%.
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Sophia Yan, CNN Money via CHINA US Focus http://ift.tt/1g94kGi
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