China's Era of Breakneck Growth is Over

BEIJING—In the past two decades, the world has come to depend on China’s pattern of handily exceeding its own official target for economic growth.
Now the Chinese government wants the world to know those days are over.
On Wednesday, Premier Li Keqiang set a growth target of “about 7.5%” at the nation’s annual legislative session, during which the government lays out policies for the year. This matches the projection…

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