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China lowers its GDP target to 7.5% from the 8% goal that's been in place since 2005. Speaking...
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Monday, March 5, 2012, 2:45 AM ETChina lowers its GDP target to 7.5% from the 8% goal that's been in place since 2005. Speaking at the annual meeting of the National People’s Congress, Premier Wen Jiabao adds the nation needs to shift to a more sustainable and efficient economic model, indicating China will cut its reliance on exports and capital spending in favor of increased consumption.
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