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Powell Set to Lay Groundwork for Higher Rates
Bloomberg Businessweek
China's Economic Growth Target of 5% for the Year Is a Bit Disappointing
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The economic growth target of around 5% for the year was a bit disappointing in terms of what people were expecting. I think it reflects two things: They wanted to set an undemanding target that they feel confident they can actually meet. And more to the point, it reflects the reality that China faces an awesome set of challenges really tough, tough problems.
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