China stimulus is credited with recent gains, but Beijing sees deeper issues

A limited stimulus program this summer is widely credited with injecting more vigor into China's economy, as recent data have revealed. However, Beijing believes that such measures are no remedy for deeper problems that must be addressed to maintain steady growth, Premier Li Keqiang said at a summit in Dalian. "It's safe to say that [the problem] in general is controllable as we are taking targeted measures," Li said.

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