Wed, 23 Jul 2014 08:04:19 GMT
China lacks stimulus to achieve growth target
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%.