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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