Despite an ease in economic growth, China still has a wide range of policy tools at the government’s disposal to boost economic growth, aiming to achieve a better-quality of economic development, Chinese Premier Li Keqiang said on Sunday following the conclusion of China’s annual parliamentary session, state-run Xinhua news agency reported. China has a lot of room to maneuver its … Continue reading
China has lowered its economic growth forecast to “about 7 percent” in 2015 at the opening of its annual meeting of parliament, the National People’s Congress — the nation’s biggest yearly political event — which started on Thursday and generally lasts about 10 days. Chinese Premier Li Keqiang said on Thursday that China will set its official 2015 economic growth target, or gross domestic product … Continue reading