Chinese economy growing at ‘reasonable’ pace

China’s economy is growing at a “reasonable” pace and, despite growing pressures, the government can handle well the risks the country now faces, Chinese Premier Li Keqiang said at the weekend.

The premier, in remarks published late on Saturday after a special cabinet meeting, said China is continuing to steadily manage its economy.

Li said international market instability “has increased the uncertainties around the global economic recovery, and the impact on China’s financial market and imports and exports has also deepened, with the economy facing new pressure.”