China cuts growth target to 6.5% this year – Premier Li Keqiang

Chinese Premier Li Keqiang speaks with the media during the signing of agreements ceremony with India's Prime Minister Manmohan Singh in New Delhi May 20, 2013. China and India have agreed on a roadmap to reach a "dynamic balance" in bilateral trade between the two nations, Li said on Monday, following Indian complaints about the size of the trade deficit with its neighbour. REUTERS/Adnan Abidi (INDIA - Tags: POLITICS BUSINESS)The Chinese growth target for this year has been cut to around 6.5%, down from 6.5 to 7% last year, Chinese Premier Li Keqiang has announced. He was addressing the country’s rubber-stamp parliament, the National People’s Congress (NPC), which has gathered in Beijing for its annual session. The Chinese economy expanded at its slowest pace […]

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