The government of China is willing to tolerate growth as slow as 7 percent, signalling it will act to support expansion if needed, Beijing News reported yesterday.
To achieve a “moderately prosperous” society by 2020
Premier Li Keqiang said at a meeting with economists this week that the rate would be the “bottom line” and the nation could not allow any slower pace, the Beijing News reported.
Meanwhile, a commentary published by Xinhua news agency said expansion below that rate would not be...
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