China cuts its growth target to 6.5% for 2017

China has cut its growth target this year. The world’s second-largest economy aims to expand by 6.5%, the premier announced at the opening of the…

Kats 2bThe country had set a target of 6.5% to 7% last year, and achieved 6.7%, supported by record bank loans, a speculative housing boom and billions in…

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