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Li Keqiang: Downward Pressure Continues and Greater Difficulties Lie Ahead

On April 14, 2015, Chinese Premiere Li Keqiang met with some academicians, experts, and business leaders to hear their recommendations on the Chinese economy. During the meeting he stated, “Downward pressure on China’s economy continues to increase.” The country “must prepare to face bigger economic difficulties and challenges.”  

It was the second time within five days that Li expressed grave concern about the Chinese economy. On April 12, Li made similar remarks about China’s economy when he was inspecting the northeast region. “I used to work in the northeast and can be considered as being half northeasterner, so I don’t have to be too polite. Your [economic] statistics indeed make me worry.” 
 Source: People’s Daily, April 14, 2015, and April 12, 2015