China may further lower its economic growth target for 2015 during the upcoming legislative session, foreign and domestic experts predict.
Much fuss has been made about the latest disappointing economic indicators, just as when weak data in the first quarter pointed to growth below China's annual target.
Japan has been widely condemned for weakening its target on greenhouse gas emission reductions during the ongoing United Nations climate talks in Warsaw with delegations from nearly 200 nations.
The latest weakening of Japan's greenhouse gas emission reduction target was due to the loss of its dependence on nuclear power after the Fukushima disaster, Japanese chief negotiator Hiroshi Minami said Friday at the annual UN climate talks in Warsaw.
The chief economist of the Bank of England (BOE), the British central bank, on Wednesday said rates would not rise until a "sustained period of growth is reached."
China keeps its 2013 gross domestic product (GDP) growth target unchanged at around 7.5 percent this year to leave some leeway for economic restructuring, according to a government work report to be delivered by Premier Wen Jiabao at the annual legislative session Tuesday.