China's economy is growing at a "reasonable" pace and, despite growing pressure, the government can handle well the risks the country faces, Chinese Premier Li Keqiang said. The premier, in remarks published late Saturday after a special cabinet meeting, said China is continuing to steadily manage its economy.
Li said international market instability "has increased the uncertainties around the global economic recovery, and the impact on China's financial market and imports and exports has also deepened, with the economy facing new pressure."