China

China's Year of Maybe-Real 7% Growth

Every country with a booming economy eventually runs into trouble.

Try keeping it up.

Photographer: Peter Parks/AFP/getty images

China is going to meet its economic growth target of about 7 percent for 2015, Sheng Laiyun of the National Bureau of Statistics reassured the world a few days ago. “China's economy,” Sheng said, “still has strong intrinsic tenacity, huge potential and ample leeway.”

To continue reading this article you must be a Bloomberg Professional Service Subscriber.