Shanghai Securities News reports on comments from Li Yining, an economist with Peking University:

  • GDP growth below 7% is acceptable as long as China is able to improve its economic structure
  • Economic structure is more important than size
  • China has paid a price for high growth in the past including environmental pollution, resources depletion and overcapacity

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Expectations from Chinese GDP growth continue to be marched lower by all sorts of comments and reports.