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Bond defaults, major challenges ahead, says Li

Govt to focus on environmental issues, growth and employment
Friday, March 14, 2014 - 06:00

Mr Li: Said China needed to create 10 million urban jobs this year

CHINA'S economy will face major challenges this year and may see more debt defaults, Premier Li Keqiang said during the closing press conference of the National People's Congress in Beijing. In what is his only major annual meeting with the foreign press, Mr Li said that the government will

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