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Chinese Premier Sees Strong Economic Growth for Country

China's economy will not have a hard landing and will maintain medium to high growth in the long run, Premier Li Keqiang said on Wednesday. Speaking during a visit to London, Li said he expected China's economy, the world's second largest after the United States, to grow at a minimum of 7.5 percent and the Consumer Price Index to grow by not more than 3.5 percent. He said Beijing would not resort to “strong stimulus” but would rely on targeted measures to ensure...

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