China’s policy toolbox well equipped to weather economic challenges, says Premier Li Keqiang in wake of Brexit
Beijing hopes to see a stable EU and Britain
China has policies prepared to help it weather bigger economic challenges ahead, Premier Li Keqiang said on Monday as he expressed hope for a stable Europe in the wake of Britain’s decision to leave the EU.
“Our policy toolbox is prepared to counter bigger challenges,” Li said, speaking during the World Economic Forum in Tianjin.
The so-called “Brexit” from the European Union had affected global financial markets and added uncertainties to the global economy, the premier said as he called for joint efforts to create a stable global environment and pledged to maintain ties with European countries.
We hope that the market will remain calm and cool-headed in the face of short-term fluctuation in economic performance
“Europe is China’s important cooperative partner, and China will continue to devote itself to maintain and develop ties between China and Europe, between China and Britain,” Li said.