Tell me and I forget. Teach me and I remember. Involve me and I learn. Benjamin Franklin

Wednesday, April 15, 2015

Interview: Li Keqiang on China’s challenges

Lionel Barber, David Pilling and Jamil Anderlini

The premier says Beijing is willing to ‘work with others’ to boost the global economy

Financial Times – April 15, 2015

China’s turbocharged economy is growing at its slowest pace in a quarter of a century and is expected to slow further, the ruling Communist party is engaged in a sweeping anti-corruption purge and the country’s leaders are trying to clean up decades of rampant industrial pollution.
As he greets the Financial Times in the Great Hall of the People in Beijing’s Tiananmen Square, China’s second most powerful man seems to be taking all this in his stride.
Li Keqiang is directly responsible for managing what is now the world’s largest economy — at least in purchasing power terms — and leading Beijing’s efforts to move from the credit-fuelled, investment-led growth model of the past to a more sustainable future.
In his first interview with a western media organisation, Mr Li was relaxed, gregarious and clearly in command of his brief during an hour of questioning in the Hong Kong room of the Great Hall, a highly symbolic venue to receive a British newspaper editor.
His main message to the world was China’s continued commitment to the current global financial order, particularly in the wake of Beijing’s move to set up the Asia Infrastructure Investment Bank.

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