China's Premier Li Keqiang said the world's second largest economy would target growth this year of around 7 percent, signaling the lowest expansion for a quarter of a century. In remarks prepared for delivery at the opening of China's annual parliamentary meeting in Beijing, Li vowed to fight corruption and pollution, and stressed the need for more painful reforms to support the economy in the longer term. The premier said China faced greater economic headwinds this year than in 2014. "The downward pressure on China's economy is intensifying," said Li. "Deep-seated problems in the country's economic development are ... (full story)