World Economic Forum Dalian

: Li acknowledged that the economy had come under quite a number of difficulties and downward pressure while stressing it remained in a proper range , a favourite phrase, according to The Guardian. But he admitted that deep-seated problems were being exposed. Related:Canada and Australia feel the squeeze in wake of Chinese economic slowdown As Asia Pacific stock markets took another wobble after data supplied more evidence of slowing growth, Li told the World Economic Forum in Dalian that he was confident that the government would achieve its main economic targets this year. China is an economy that is closely integrated with the international market, he said. He promised more measures to increase domestic consumption as the economy weans itself off export-led growth and also said Beijing would introduce policies to boost imports, he told the meeting in the north-eastern city. Given the weak growth of the global economy, China cannot stay unaffected and the deep-seated problems that have built up over the years are also being exposed. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.