Premier Li Keqiang said Tuesday that recent anti-trust probes had not targeted specific firms or industries, and foreign companies accounted for only 10 percent of those involved.
Chinese economy is operating within a reasonable range, Chinese Premier Li Keqiang said.
China is on the right track to transform its economy and is capable of keeping growth rate at over 7 percent in the coming years, Klaus Schwab said.
Premier Li Keqiang’s down-to-earth assessment of China’s economic fundamentals and his solutions to the current economic woes provide a timely answer to the recent drumbeat of “China pessimists”.