China to Meet Growth Target in 2014, World Bank Says

Article source
The Wall Street Journal

BEIJING—China's economy is expected to record slower growth over the medium term, the World Bank said on Friday, but Beijing has the ability to roll out economic support measures to meet its official target of about 7.5% this year.

The bank said in its China Economic Update, a regular report on the state of the economy, that the prospect of growth falling below the target would likely trigger accommodative fiscal and monetary policies.

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