Chinese premier says economy will continue to feel downward pressure in 2015

  • Adjustment in China’s economy reflects world economy
  • New economic situation has made structural reform more necessary
  • Economy will not head for hard landing
  • China has no intention to compete for supremacy with other countries
  • Regional hostilities must be resolved through political means

So he’ll be sacking 80bn Chinese soldiers will he

;-)

More comments from the bigwigs at Davos

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