Premier Li Keqiang said on Saturday that China has never said the economy absolutely must grow seven percent this year

  • "We have never said that we should defend to the death any goal, but that the economy should operate within a reasonable range," the central government paraphrased Li as saying in a statement released on its website.
  • There are reasons for optimism going forward, such as rising employment, more spending on tourism and a fast growing service sector, Li said.

More at Reuters

-

Li was speaking at the Central Party School. That's a Beijing nightclub, right?

Enjoy the weekend!