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Chinese economy is expected to meet.....>

CHINA PRESS
CHINA PRESS: Chinese economy is expected to meet the growth target of 6.4% this
year, the China News Service said on Wednesday citing the latest Economic Blue
Book published by the Chinese Academy of Social Sciences (CASS). Though China
still faces the challenges of industrial overcapacity, declining corporate
profits and accumulating financial risks, Q1 economic indicators beat
expectations, the newspaper said citing the report. The growth may hit the
bottom in Q2 or Q3 and then slowly rebound, the newspaper cited Lou Feng, a
researcher at CASS as saying.

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