Economics
China Seen Cutting Growth Target to 6.5%-7% Range for 2016
- All analysts surveyed expect lower goal than this year's 7%
- Guosen economist: `Government will take a more flexible way.'
China’s Economic Growth Not at Rate GDP Suggests
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China will further cut its target for economic growth next year amid excess capacity, sluggish investment and weaker manufacturing, economists said.
Government leaders will announce a growth objective between 6.5 percent to 7 percent for 2016, according to eight of 15 economists in a Bloomberg News survey conducted Sept. 17-22. Four said they expect a 6.5 percent goal.