RANT: 7½% growth rate

China’s Economic Growth Forecast at 7.5% This Year
China’s government aims to deliver economic growth of about 7.5% this year, Premier Li Keqiang said in a report to the country’s legislature released on Wednesday.

The target is unchanged from last year.

Gross domestic product growth has repeatedly outpaced the official target, coming in at 7.7% last year. But economists say that achieving that rate of growth is becoming more difficult as the economy matures.

# – # – # – # – #   

Imagine the USA with a 7½% growth rate.

We could be prosperous again!

# – # – # – # – #    

Please leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: