China lowers 2015 growth target to 'approximately 7%'
Beijing (AFP) March 5, 2015 - China lowered its 2015 economic growth target to "approximately seven percent" Thursday, scaling down expectations in the face of "formidable" difficulties for the world's second-largest economy after its decades-long boom. The figure announced by Premier Li Keqiang is the lowest since a similar goal in 2004 and comes after China's gross domestic product (GDP) expanded 7.4 percent in 2014, t ... more
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