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China ready to trade growth for stability: central bank chief

If govt pursues too high growth rate, it may ignore or postpone structural reforms, he says at WEF
Thursday, January 22, 2015 - 05:50

Beijing

A DAY after China said its economy expanded at the slowest rate in 24 years, its central bank governor expressed willingness to sacrifice growth for stability.

"If China's economy slows down a bit, but meanwhile, is more sustainable for the medium and long term, I think