China's Li says downward economic pressure remains

Chinese premier Li Keqiang speaking at the Asia-Europe (ASEM) meeting in Mongolia 15 July 2016

  • stable in H1 2016, performed in line with expectations
  • govt confident of meeting major targets for this year
  • govt debt ratio is low
  • household savings are high
  • plenty of tools available in the govt's policy box

Li taking a line from Draghi & Co.

Xinhua news agency reporting.

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