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New Chinese Premier Li Keqiang says the economy must continue to grow at 7.5% a year until 2020...
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Sunday, March 17, 3:40 AM ETNew Chinese Premier Li Keqiang says the economy must continue to grow at 7.5% a year until 2020 and reiterates the country's commitment to reform, including shaking up "vested interests." Li offers no new details but Bank of America economist Ting Lu says Li's tone should please investors.
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Turning bearish in April 2012, then turning bullish in November 2012.
I also like the premier's tone, but the key is implementation.