China’s stocks retreat most in month on economic target conc
Bareksa • 11 Dec 2013
A Chinese national flag (Bloomberg/Tomohiro Ohsumi)
China’s government may cut its 2014 economic growth target to 7 percent
Bloomberg - China’s stocks fell, dragging the benchmark index to its biggest loss in a month, as coal producers retreated and investors speculated the government may cut growth targets at an economic policy meeting this week.
China Shenhua Energy Co. (601088) and China Coal Energy Co., the nation’s biggest coal producers, dropped more than 1.5 percent as worsening air pollution spurred government plans to curb coal consumption.