Chinese Premier Li comments, says:
- Debt risks under control
- To enhance regulatory measures to control debt
- Strengthening oversight of shadow banking
- Will not allow systemic risks to arise from defaults
- China to maintain a stable environment for economic growth
- China 2014 economic situation will be more complicated than in 2013
- China to stabilize growth, secure jobs, prevent inflation
- To ensure economic growth within reasonable range
- China needs to raise quality and efficiency of growth
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Li Keqiang is the Premier of China
We are seeing some stability in China markets today as the yuan weakening by the PBOC seems to be abating. somewhat.