China’s GDP – 2015 Target and Outlook

China’s GDP – 2015 Target and Outlook

China just released preliminary 2014 gross domestic product (GDP) results. At 7.4% they missed their annual target (7.5%) by a mere breath – not a huge deal practically, but significant symbolically. More important is the composition of this growth. Consumption is playing a bigger role, as investment falls from former growth rates. Services activity continues…