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Experts' take on 7% GDP growth

(chinadaily.com.cn) Updated: 2015-03-09 09:34

Experts' take on 7% GDP growth

Tom Orlik, Bloomberg Chief Asia Economist

Tom Orlik, Bloomberg Chief Asia Economist

China's policy makers have signaled acceptance of lower growth, allowing more space for reform and moderating expectations of aggressive stimulus. We believe a lower growth target is already well expected, so the market impact should be limited. That said, expectations of more moderate stimulus could be a negative for over-extended equity markets.

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