Xi Says China's Economy Noticeably Improving, Can Manage Risks

President Xi Jinping said China’s economy is stabilizing and has improved noticeably, giving an upbeat assessment of the nation’s health despite the worsening trade war and recent weak data.

While the global economy and trade have slowed down, China’s economy has stayed in a reasonable range in 2019, with stable growth, increasing employment, rising incomes and stable prices, Xi said in an interview with Russian media including Tass. The interview was carried in the People’s Daily ahead of Xi’s visit to Russia, which starts Wednesday. China has “sufficient conditions, ability and confidence” to cope with various risks, Xi said.