China may fall 'somewhat' short of growth target

Prime Minister Li Keqiang is admitting China may not meet a target of economic growth of 7.5 per cent this year, but says being 'somewhat' short should not be 'over-interpreted.' dpa reported.
'It's okay if the ultimate rate of growth is a bit more or a bit less than the 7.5-per-cent target. I hope that the international media won't over-interpret a 0.1 or 0.2 percentage point variance,' he says after meeting German Chancellor Angela Merkel.
'The Chinese economy has a lot of room for manoeuvre and potential for growth ... I am confident that it can grow at a middle to fast pace.'