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Read more about Chinese Premier Li Keqiang’s unpublished comments on dire consequences for the economy


I referred to these remarks by Chinese Premier Li Keqiang yesterday. It is difficult to find out more about them since they have been largely hidden. Bloomberg has some more:

  • His comments to thousands of local officials at an emergency meeting on Wednesday were more candid than the official reading published by state media.

  • Li told attendees that economic growth is likely to slip out of a reasonable range

  • said China will pay a huge price with a long road to recovery if the economy cannot continue to grow at a certain pace.

The link to Bloomberg is here (closed):

Li was sidelined in China. He will soon resign.


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