China to reduce exports growth target

Note: This section contains information in English only.
Source: Marketwatch

China expected to set its target export growth at 10% for 2012, said Century Business Herald. China exports grew 13.8%, at slower pace than in October. Reduced export growth goalfor 2012 comes amid weak economic outlook as debt crisis in Europe deepens and US growth prospects remain fragile. According to report, China is going to focus on enlarging domestic demand.

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