China held crucial meeting as economy faces risk of “sliding out of reasonable range”, 100,000 local officials attended
China held crucial meeting as economy faces risk of “sliding out of reasonable range”, 100,000 local officials attended

China held crucial meeting as economy faces risk of “sliding out of reasonable range”, 100,000 local officials attended

 

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China's State Council on Wednesday held a crucial meeting on stabilizing the macro economy amid mounting downward pressure.

China's economy is facing the risk of "sliding out of a reasonable range"... "for an economy as large as China, once the economic operations fall out out of reasonable zone, it will take a long time and huge costs to bring it back," said Premier Li Keqiang at the national teleconference on Wednesday.

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