China lacks stimulus to achieve growth target

Source: Bloomberg
© Scanpix/Reuters
China struggles to stimulate the economy so far to reach its growth target of 7.5%. The economists believe China still has to raise stimulus to achieve the 2014 expansion target, even though growth accelerated in the second quarter. The world's second largest economy gained around 7.5% in the second quarter, together with the gains from the prior period indicating the annual rate of 8.2%.
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