Gone are the days of double-digit growth in China, with official targets always far exceeded. That was the message delivered on March 5th by the prime minister, Li Keqiang, at the opening of the annual session of the National People's Congress, the country's rubber-stamp parliament. Mr Li called for growth of "about 7%" this year. At 7.4%, last year's growth was already the slowest in nearly a quarter-century. He said the slowdown was what the government had expected as it tries to build a stead...
Gone are the days of double-digit growth in China, with official targets always far exceeded. That was the message delivered on March 5th by the prime minister, Li Keqiang, at the opening of the annual session of the National People's Congress, the country's rubber-stamp parliament. Mr Li called for growth of "about 7%" this year. At 7.4%, last year's growth was already the slowest in nearly a quarter-century. He said the slowdown was what the government had expected as it tries to build a stead...
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