Economics
China to Remain Global Growth Engine, Vice President Li Says
- Li Yuanchao says government committed to economic reform
- Pledges to keep yuan stable and prevent big market moves
Inside China's Vow to Look After Investors
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Chinese Vice President Li Yuanchao came to Davos to project an air of confidence about the world’s second-largest economy as signs of a slowdown rattle global markets.
"The contribution of China’s economic growth to world economic growth remains unchanged," Li said in an interview with Bloomberg News on Thursday after arriving at the World Economic Forum in Davos, Switzerland. "So do the long-term trends of sound economic development in China and China’s policy of deepening reform and opening up."