lørdag 5. mars 2016

China PM predicts 'battle' for growth as target cut

China's National People's Congress has set the country's growth target for 2016 at a lower range of 6.5%-7%. 
Premier Li Keqiang made the announcement in his opening speech, warning of a "difficult battle" ahead. The annual meeting in Beijing sets out to determine both the economic and political agenda for the country. It comes at a time when China struggles with slowing economic growth and a shift away from overreliance on manufacturing and heavy industry. Read more