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China targets 6.5% growth amid drive to reduce risk

  Bloomberg China set a 2017 growth target of “around 6.5 percent, or higher if possible” as focus shifts to easing risk and ensuring stability before a twice-a-decade leadership transition this year. The objective outlined on Sunday in Premier Li Keqiang’s work report to the National People’s Congress in Beijing compares with last year’s target range of 6.5 percent to ...

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India chases a V-shaped recovery from cash ban

  Bloomberg India’s surprising economic strength last quarter will only renew debate over how much its unprecedented cash ban has curtailed growth and how quickly activity will bounce back. While the Reserve Bank of India and the government are backing a sharp V-shaped recovery, analysts including those at the local unit of Moody’s Ratings predict a slower turnaround after growth ...

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Japan’s core inflation show little changes

  Bloomberg Japan’s economy coasted along with only slight improvements in January despite a rebound in corporate investment. Core inflation excluding volatile food prices rose 0.1 percent, mainly due to an uptick in energy prices, data showed. The unemployment rate in the world’s third-largest economy edged slightly lower, to 3.0 percent, and the number of jobs per applicant remained at ...

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