‘No risk’ of a hard landing for the Chinese economy, says Li

China’s economy faces challenges and downward pressures but there is no risk of a hard landing as the government is fully capable of supporting growth, said the country’s premier Li Keqiang yesterday.

Li told the World Economic Forum in Dalian, in north-eastern China, that he was confident that the government would achieve its main economic targets this year.

China will take steps to expand domestic demand and will implement policies to boost imports, he said.