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No Hard Landing for China, Premier Says

DALIAN, China—China is committed to remodel notwithstanding slower growth, has a collection to equivocate a vital mercantile reversal and won’t review to a banking fight to advantage a exporters, a nation’s premier pronounced in a debate to tellurian business leaders on Thursday.

China is a source of tellurian growth, not instability, Premier Li Keqiang told Chinese and general executives during a assembly of a World Economic Forum in a northeast city of Dalian. While mercantile indicators have seen their share of ups and downs lately, Beijing has…

Article source: http://www.wsj.com/articles/china-to-open-onshore-currency-market-to-foreign-central-banks-1441860415