China’s Li Sees Increasing Uncertainties After Brexit Vote
- Nations should improve policy coordination after Brexit: Li
- China "well-prepared" to use tools to meet challenges: Li
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China’s Premier Li Keqiang said global uncertainties have increased after the U.K.’s vote to leave the European Union and said his nation has ample tools to meet challenges facing the economy.
The impact on global financial markets is already evident and measures are needed to ensure stability in the international economy, Li on Monday at the World Economic Forum in Tianjin. On China, he reiterated that the nation will be able to maintain medium- to high-speed growth rates and has room to apply proactive fiscal measures.