INSUBCONTINENT EXCLUSIVE:
SHANGHAI: China is fully confident that it is capable of keeping its economic growth rate within an appropriate range in 2019 in spite of
challenges, state news agency Xinhua reported Chinese Premier Li Keqiang as saying on Friday.
"China's economy has enough resilience,
potential and ample room for growth, especially with a huge domestic market and rich human resources of nearly 1.4 billion people," Li said
at a discussion with some foreign experts working in China.
"Therefore, we are fully confident and capable of keeping economic growth rate
within an appropriate range in spite of multiple risks and challenges in 2019," he said.
The world's second largest economy grew 6.6 per
cent in 2018, the slowest annual pace since 1990, amid pressure from faltering domestic demand and bruising United States
tariffs.
Economists polled by Reuters expect the Chinese economy to cool further this year to 6.3 per cent as those pressures continue
(Reporting by Brenda Goh; Editing by Simon Cameron-Moore)
