China’s lower growth target is missed opportunity

China’s new target for GDP growth is a missed opportunity. Premier Li Keqiang says economic output will expand by “about 7 percent” this year. Though the lack of precision is welcome, the People’s Republic would be better off without its big, reassuring objective. For most of the last decade, China’s […]



Reuters via CHINA US Focus http://ift.tt/1DQCDd7