Li’s Balancing Act
In recent years, short-term investment opportunities in China have diminished, raising fears of a hard landing. To buy time for structural adjustment and reform – critical to generating the next wave of investment opportunities – Premier Li Keqiang’s government must strike a balance between economic growth and financial risk.
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SHANGHAI – Three years of persistent economic slowdown have rattled Chinese economists and policymakers. Financial analysts are in a tizzy over whether GDP growth will fall below 7%, parsing official statements for clues as to whether and when the government will act.