>>> China expected to decide to cut its GDP target for the first time in 3 years

China expected to decide to cut its GDP target for the first time in 3 years at this week's annual Central Economic Work Conference - financial press 
- Unscheduled meeting is widely expected to take place this week, though the conclusions will not be formally unveiled until March.
- Nomura economist: "We expect the government to lower its 2015 economic targets for GDP growth to 7.0% from 7.5% in 2014 and CPI inflation to 3.0% from 3.5%."