From the Associated Press: “China’s leaders pledged at a key policy meeting to keep the economy on track next year while raising farm incomes, promoting energy conservation and holding down investment in overheated industries, state media said Monday.
The Chinese economy is forecast to grow by a blistering 9 percent this year — far above the official target of 7 percent — and Beijing is watching warily for signs of possible inflation that could fuel social unrest and threaten the country’s banks. ”