Chinese Premier says economy improving, debt risks under control


China's economy performed better than expected in the third quarter and the country's debt risks are under control, Premier Li Keqiang said on Tuesday.

"China's economy in the third quarter not only extended growth momentum in the first half but showed many positive changes," Li said in the speech in Macau that was broadcast live on state television. Key indicators such as factory output, company profits and investment have rebounded, he said, ahead of China's release of third-quarter gross domestic product (GDP).....

This article is no longer available in our repository.

There could be multiple reasons for this.