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China's Li: Economy Facing 'Difficulties' But No 'Hard Landing'

Chinese Premier Li Keqiang said Thursday that the country's economy is facing "a number of difficulties and downward pressure," but expressed confidence it would not experience what he called a "hard landing." Speaking at the World Economic Forum in Dalian, China, Li cited a slowing worldwide economy as a challenge to China's growth. Still, he said the Chinese economy is "within a reasonable range." "China's economy is trending well as it...

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