fromwww.aljazeera.com
7 hours agoChina economic growth target set below 5% for the first time at key meeting
The lowered growth figure reflects China's economic slowdown, triggered in part by the collapse of the country's property sector, which once accounted for between 25 and 30 percent of GDP. The growth target is quite realistic, the Economist Intelligence Unit's China economist Tianchen Xu said, noting the figure reflected China's trend towards more conservative expectations.
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