Experts' take on 7% GDP growth
(chinadaily.com.cn) Updated: 2015-03-09 09:34
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Tom Orlik, Bloomberg Chief Asia Economist |
Tom Orlik, Bloomberg Chief Asia Economist
China's policy makers have signaled acceptance of lower growth, allowing more space for reform and moderating expectations of aggressive stimulus. We believe a lower growth target is already well expected, so the market impact should be limited. That said, expectations of more moderate stimulus could be a negative for over-extended equity markets.
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