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China's Premier Li: Global trade growth is weak
China's PM Li Keqiang speaking: • Global trade growth is weak • Brexit has increased uncertainty in the global economy • Structural reforms needed for global economic recovery More: • China maintains stable growth • China growth relatively stable in Q2 • Confident China will achieve main economic growth targets in 2016 • Ways will be no hard landing • Government debt levels manageable • To keep prudent monetary policy • Economy still faces relatively big downward pressure • Foundation for stable economic growth in China not solid yet Li is still going on. Nothing surprising in his comments so ... (full story)