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No Hard Landing for China, Premier Says

Sep 11 , 2015

The Wall Street Journal writes, "China is committed to reform despite slower growth, has the tools to avoid a major economic setback and won't resort to a currency war to benefit its exporters, the nation's premier said in a speech to global business leaders on Thursday. China is a source of global growth, not instability, Premier Li Keqiang told Chinese and international executives at a meeting of the World Economic Forum in the northeast city of Dalian. While economic indicators have seen their share of ups and downs lately, Beijing has policies in place, including fiscal and monetary stimulus, to mitigate volatility and keep growth on track, he said." 


Copyright: Wall Street Journal


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