Chinese President Xi Jinping said on Monday he expected a “long and tortuous process” of world economic recovery, while China’s economic growth rate of about 7 percent was “within a reasonable and expected range”.
Speaking on the sidelines of an Asia-Pacific Economic Cooperation (APEC) forum summit, Xi said the world economy was in the middle of profound adjustment and with major economies far from resolving their structural problems, it was imperative to strengthen macroeconomic cooperation.
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James Pomfret and Randy Fabi, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/mIk7b5a7lNs/
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