Chinese Premier Li Keqiang on Thursday sought to reassure global investors on the health of China’s economy and his government’s ability to manage a growth slowdown and financial market turmoil.
“China is not a source of risk but a source of growth for the world,” Mr Li said in a speech to the World Economic Forum in Dalian. “Despite some moderation in speed, the performance of the Chinese economy is stable and it is moving in a positive direction.”
Mr Li’s soothing words come after a tumultuous summer for China marked by further evidence of a slowing economy, market volatility and a devaluation of the currency that unleashed a global stock market rout.
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