China fully confident in achieving 2018 economic targets: Premier Li

BEIJING (Reuters) – China is fully confident of achieving its 2018 economic targets, with its economic fundamentals sound, Premier Li Keqiang said on Tuesday.

Chinese regulators also will take resolute measures to tackle financial risks, Li told reporters in Beijing, adding that China’s financial sector in good shape and banks have enough provisions.

China aims to expand its economy by around 6.5 percent this year, the same target as in 2017, which it handily beat.

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