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Tag Archives: Chinese telecom industry

China tries to reassure on economy, cuts growth target

China tries to reassure on economy, cuts growth target

BEIJING (AP) — China’s leadership tried to quell anxiety about its slowing economy following financial turmoil and rising labor unrest as it cut its growth target Saturday and promised to open the oil and telecom industries to private competitors in sweeping industrial reforms. Premier Li Keqiang announced a growth target of 6.5 to 7 percent in a report to the ...

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