China: Reforms, Not ‘Forceful Stimulus,’ Will Boost Economy

China’s leaders say they will not use “forceful stimulus” to boost their economy, at a time when there are indications that growth is slowing more than the government expected. The government has used massive state-backed projects in the past to boost growth. Authorities say they will stick with their economic reform plans that are aimed at building stability for the future. Over the last year President Xi Jinping has unveiled a series of reforms to keep China’s economy from losing...

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