China set a lower limit of 7% of economic growth in 2015. Growth rate below this level would break trust in the second largest economy in the world. It said government anarizator in an interview officious Shanghai Securities News, quoted by MarketWatch.
Chen Duntsi, vice president of the Academy of Macroeconomic Research at the National Commission for Development and Reform Commission said that China will not allow economic growth to fall below 7% in the near future. However, according to him, there may be some flexibility growth to be above or below that level.