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China lowers growth target slightly, stresses need for stability

Premier Li puts GDP growth at 6.5%, vows to fight speculative buying in property market

"There are many uncertainties about the direction of the major economies' policies and their spillover effects, and the factors that could cause instability and uncertainty are visibly increasing," said Premier Li in his report on Sunday in Beijing.


CHINA has slightly lowered its growth target for this year amid calls for stability as it sees increasing risks rising from both inside and outside its borders.

In his work report delivered to the 3,000 or so delegates gathered in Beijing for the next 10 days, Premier Li...

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