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China’s growth targets expected

Updated: Mar 5,2016 11:16 AM

The new growth targets are actually expected because the economy is slowing down (during reforms). It’s very good that it has a reasonable range of the growth target rather than just an exact figure. Faced with the excess capacity, I think it’s normal to see that there will be some coal and steel factories closing down and job losses during economic restructuring.

— Ananth Krishnan, India Today