Chinese Premier Li Keqiang is moving to dissuade any fears about China's slowing growth rate.
Speaking to business leaders at the World Economic Forum in Davos, Li Keqiang says the Chinese economy is not headed for a hard landing.
"We are now taking effective measures to prevent potential debt and financial crisis. At the same time, our financial reform is underway. Here what I want to convey is that regional or systemic crises will not happen in China. The Chinese economy will not head for a hard landing."
In addressing any potential concerns about the so-called "new normal," Li Keqiang has told the Davos sessions the Chinese government is making moves
