Bloomberg Bloomberg TV Worldwide = a = President Xi, China, Economy Robert Lawrence Kuhn — March 5, 2018 HOST: You were there at the Great Hall of the People. What was your main takeaway from what some have described as Li . Keqiang’s impossible challenge: how to deleverage, howtotake | ~ away stimulus, and still keep 6.5% growth? ~s r mo © ie p RLK: I don’t take the 6.5% growth as the primary objective here. re bh rrr ' if I mean you have to look at what these National Peoples — , Congresses are. They’re not setting the vision and the strategy. "hil That was set at the party congress in October. What we're dealing | — ~ % 4 here is the implementation of the policies. If you attend these Tes f/ " yi every year you know they all look and sound the same because ' 7 p ° it’s the same structure, same kind of structure of numbers, so , 4 — what you do is look for the differences. What are those subtle — y E . differences between one year and another. That’s what I focus on at these congresses. HOST: What’s the main difference you saw? 1 HOUSE_OVERSIGHT_023678