China Academy of Social Sciences (CASS) sees China 2014 GDP falling to 7.4% from 7.7% in 2013, below 7.5% target - Shanghai Daily
- Says Chinas expansion will continue to be powered by investment while the growth momentum will be stable in the near to middle term, stating: "Curtailed by excessive production capacity and the risk of a collapse of local government debt, Chinas fixed-asset investment growth will slow."