Archive for March 6th, 2012

Tuesday March 6, 2012 10:31

China Lowers Growth Rate Target

Chinese Premier Wen Jiabao told a conference in Beijing that the country would lower its growth target for the first time in eight years, citing a desire for “sustainable and efficient” growth, as opposed to simply growing at the fastest rate possible. Some analysts have been quick to wonder whether the lower growth projection is [...]