论文部分内容阅读
THE reduction of China’s 2012 growth target to 7.5 percent from the eight percent of recent years headlined the international media coverage of PremierWen Jiabao’s report to the National People’s Congress. The announcement was greeted with fallson international stock markets - simultaneously reflecting China’s economic weight and a misanalysis by international markets. But the lowered target,which is justified by the global economic situation,is only the tip of the iceberg of complex short- and long-term challenges China is facing in its economic policy.
THE reduction of China’s 2012 growth target to 7.5 percent from the eight percent of recent years headlined the international media coverage of Premier Wen Jiabao’s report to the National People’s Congress. The announcement was greeted with fallson international stock markets - simultaneously reflecting China’s economic weight and a misanalysis by international markets. But the lowered target, which is justified by the global economic situation, is only the tip of the iceberg of complex short- and long-term challenges China is facing in its economic policy.