China retained a target for economic growth of about 7.5 percent in 2014, signaling limits on the leadership’s efforts to curb pollution and credit expansion in the world’s second-largest economy. The goal was given in a work report that Premier Li Keqiang delivered to the annual meeting of the legislature today in Beijing. Li said the nation needs stable growth to ensure jobs. Inflation and money-supply targets also matched those of 2013. Maintaining a pace of expansion close to last year’s 7.7 percent would help sustain demand for oil and iron ore and support a global economy that’s forecast by the International Monetary Fund to accelerate. At the same time, analysts from UBS AG to Societe Generale SA say a lower goal would’ve been more in keeping with the government’s pledge to move away from growth at all costs. “It is going to be very […]