Premier Li Keqiang called on investors to view China with a “calm and cool head” at a time of global uncertainty, voicing confidence that Beijing can handle the slew of problems facing its economy.
China wants to see a “united and stable” European Union and a “stable and prosperous” Britain in the wake of the U.K.’s vote late last week to leave the economic bloc, Mr. Li told a World Economic Forum meeting of business and government leaders in the northern port city of Tianjin on Monday.
Mr. Li said private investment remained sluggish, growth and exports were declining, the financial sector faced risks and overcapacity was challenging many sectors and regions in China.
“The downward pressure on the economy is still mounting,” he said.
