So says, er, China

China's cabinet out on Reuters with a few comments

  • will make sure economy runs within reasonable range
  • impact on China of global economic performance and low commodity prices is deepening

Ah, that ambiguous "reasonable range",mantra being dragged out again

I really must add a category/tag "old hat" to our back end

And maybe if China didn't keep dumping cheap/crap steel on the world they might see a more positive reaction.

  • China should price in risks and challenges from global economy and commodity prices

That classic "if in doubt blame someone else" excuse. Which is fair enough given that everyone else in the world is blaming China.