Economics
China Seen Needing More Stimulus to Meet Growth Goal
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China’s efforts to stimulate the world’s second-largest economy are insufficient so far to achieve the government’s growth target of about 7.5 percent, according to a survey of analysts.
Fourteen of 22 respondents to a Bloomberg News survey this month said China will need to “somewhat” increase stimulus to meet the 2014 expansion goal, even after growth accelerated to that pace in the second quarter. The property-industry slump poses the biggest risk to growth in the second half, 16 economists said.