July 3, 2018 / 11:00 AM / 3 months ago

China says confident to cope with major and external risks

BEIJING, July 3 (Reuters) - China’s top leaders are confident the country can cope with major and external risks, they said at a meeting of the financial stability panel of the state council, or cabinet.

At its first meeting on Monday, convened by Vice Premier Liu He after a reshuffle, the panel concluded that China’s structural deleveraging was progressing in an orderly way, with financial irregularities initially curbed, the government said in a statement on its official website. (Reporting by Beijing Monitoring Desk; Writing by Yawen Chen; Editing by Clarence Fernandez)

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