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China's premier says economy faces risks but has policy policy tools to cope

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Reuters BEIJING

BEIJING (Reuters) - Premier Li Keqiang said on Wednesday that China's economy faces domestic and external risks this year, but added the country has many policy tools to cope with them.

China's 2017 economic growth target of around 6.5 percent is not low and is not easy to meet, Li said at his annual news conference at the end of the annual meeting of China's parliament.

(Reporting by Ryan Woo and Kevin Yao; Writing by Elias Glenn; Editing by Kim Coghill)

 

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First Published: Mar 15 2017 | 8:33 AM IST

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