China Should Set Lower 2015 GDP Growth Target Of 6.5-7%, IMF Says

BEIJING -- China should set an economic growth target of 6.5-7 percent for 2015, below its goal for 2014, and refrain from stimulus measures unless activity threatens to slow sharply from that level, the International Monetary Fund said on Thursday. Most of its directors hold that view, though some feel that an even lower growth target is appropriate, the IMF said.