Li Floats New China Five-Year Growth Minimum of Around 6.5%
- Premier says quantitative easing shouldn't be adopted
- Underscores pledge to avoid devaluing the yuan to spur exports
China Adjusts Economic Growth Goal to 6.5% in 2020
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Premier Li Keqiang highlighted a minimum growth estimate for China in the coming five years that could indicate the leadership’s readiness to accept the weakest period of expansion since the economy was opened up more than three decades ago.