Wednesday, March 05, 2014

Why setting a growth target is wrong - Shaun Rein

Shaun Rein
Shaun Rein
Premier Li Keqiang announced a 7.5% growth target for the GDP. Not a good idea, since it might be hard to achieve, tells business analyst Shaun Rein at BloombergTV. The economy is very weak, consumer confidence is low, and pushing infrastructure might cause more pollution.

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