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China's premier downplays slowdown at World Economic Forum, reassures investors

He is unfazed by short-term volatility, says can achieve mid to high-speed growth

China's Prime Minister Li Keqiang answers a question from foreign company executives at the World Economic Forum in the port city of Dalian on Wednesday. He told them that there was no basis for a further devaluation of the yuan, and that Beijing did not intend to use devaluation to boost exports.


CHINA'S economy is operating within a reasonable range, said its Prime Minister Li Keqiang, in a bid to reassure global investors gathered in Dalian for the summer edition of the World Economic Forum (WEF).

In his speech to a select group of chief executive officers, he