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China Sets 2014 Growth Target At 7.5%

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March 5: $8.2 trillion is China’s annual gross domestic product. Even as the country is struggling to maintain its high GDP growth levels, it has retained a growth target of 7.5% for 2014. Perhaps, pointing to its limited ability to act decisively on reforms. China's factory activity too shrank again in February as output fell prompting concerns again that the world's second largest economy is facing a slowdown. Harsha Subramaniam decodes China’s growth story with Bloomberg View’s William Pesek.