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China’s Li Keqiang acknowledges slowing economic growth, but says Beijing has the ‘tools’ to cope with headwinds

Published Oct 14 2021 at 12:30 PM GMT
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Points
  • China has “adequate tools” to tackle the economic challenges facing the country, including the nation’s current power crisis and high commodity prices, Premier Li Keqiang said on Thursday.
  • Though economic growth has slowed in the third quarter due to a number of factors, the government was confident China could meet its growth target of “above 6 per cent” for 2021, Li said at the opening of the Canton Fair in the southern manufacturing hub of Guangzhou.“We have adequate tools in our toolbox to….




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  • Published Oct 14, 2021 12:30 PM GMT