FXStreet (Mumbai) – Speaking at the World Economic Forum (WEF) in Dalian on Thursday, China Premier Li Keqiang noted that growth in China is stabilizing and that the world’s second-biggest economy is still on track to achieve growth targets this year.
He played down concerns over the lack of momentum in China’s economy recently, saying China had more opportunities than challenges.
Chinese PM further added, new economic growth drivers are emerging, pointing out the service sector, which is helping to offset weakness in other parts of the economy.
(Market News Provided by FXstreet)