China's premier seeks to reassure markets with pledge of support for economy


  • World
  • Friday, 28 Mar 2014

BEIJING (Reuters) - China's Premier Li Keqiang sought to reassure jittery global investors that Beijing was ready to support the cooling economy, saying the government had the necessary policies in place and would push ahead with infrastructure investment.

Recent weak economic data and mounting signs of financial risks have dimmed the outlook for the world's second-largest economy, sparking talk of imminent government action or even a mini-stimulus plan to shore up growth.

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