Salient to Investors:
Yao Wei at Societe Generale said it will be very challenging to achieve everything promised in Li’s work report and that something has to give in speeding up reform, fighting pollution, managing debt risk, keeping the same growth target.
Dong Tao at Credit Suisse said it would take lots of public spending to achieve 7.5 percent growth in 2014 given how weak the investment interest is in the private sector.
Bill Gross at Pimco said in February that China is the mystery meat of emerging-market countries because nobody knows what’s there.
Stephen Green at Standard Chartered said a 7.5 percent growth target indicates that China is much readier to loosen policy if we see further evidence of slowing.
Read the full article at http://www.bloomberg.com/news/2014-03-05/china-retains-7-5-growth-target-for-2014-as-challenges-mount.html
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