China Getting Used to the ‘New Normal’ of Slower Growth

The years of double-digit economic growth are over in China, say government officials who are starting to use a phrase familiar to Americans and Europeans: “the new normal.” For China, the change means the economy may grow at less than the annual GDP growth target – 7.5% for 2014-for the first ti…

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China Getting Used to the ‘New Normal’ of Slower Growth

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