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China Daily Tuesday March 7, 2017
China's economic reforms to spur global growth: Mexican expert
Reforms put in motion by China are aimed to spur both domestic and global economic growth, according to a leading Mexican political observer. Armando Azua Garcia, a scholar at the Asian Studies Center at the Iberoamerican University, believes that while the reforms are designed to reduce China's dependence on international markets, they take into account the positive effects a robust Chinese economy would have on the rest of the world. China's goal "is to not be solely dependent on the major world markets, which of course it is not going to abandon, but on the contrary, it is going to strengthen them," Azua told Xinhua in an interview. "But it also wants to strengthen its domestic market through greater economic incentives," said Azua. On Sunday, at the opening of the annual meeting of China's top legislature, the National People's Congress (NPC), Premier Li Keqiang said China will continue to move forward with the reforms to meet the growth target of 6.5 percent this year under challenging global circumstances...Read More