China

Li Keqiang meeting with local government heads shows Beijing is on high alert for mounting economic headwinds




A meeting between Chinese Premier Li Keqiang and 10 local government heads on Monday shows Beijing is on high alert for mounting headwinds for the world’s second-biggest economy, after the central government promised a new round of supportive measures for smaller companies to protect jobs and growth.The moves come hot on the heels of warnings by several government advisers that the country’s economic recovery is not stable yet and that further downward pressure on the economy is likely. China’s…



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