China able to keep its financial markets stable, Premier Li says

Chinese Premier Li Keqiang has pledged that China would strike a balance between financial stability, gradual deleveraging and steady economic growth. — Reuters pic Premier Li Keqiang has pledged that would strike a balance between financial stability, gradual deleveraging and steady economic growth. — Reuters picBEIJING, May 14 — Chinese Premier Li Keqiang said today that China is capable of maintaining stability in its financial markets.

China will also strike a balance between financial stability, gradual deleveraging and steady economic growth, Li said, according to a statement issued by the foreign ministry.

China will also keep the yuan basically stable, Li said, who met on Sunday with International Monetary Fund’s Managing Director Christine Lagarde on the sidelines of the Belt and Road Forum in Beijing. — Reuters

Source: The Malay Mail Online







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