Is China's 8% GDP growth goal too high?


The Chinese would not lie about their economic projections, but they might exaggerate. The central government claims that GDP in the world's most populous nation will grow at an eight percent rate this year, in large part due to a stimulus package that should aid industries across the country.

According to the Financial Times, the Chinese premier said, "As long as we adopt the right policies and appropriate measures and implement them effectively, we will be able to achieve this target."