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China’s Xi says global, domestic economic conditions undergoing profound changes

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By Reuters

BEIJING – China’s President Xi Jinping said the country’s economic situation is good overall but warned that both global and domestic conditions are undergoing profound and complicated changes, state media reported on Tuesday.

Chinese President Xi Jinping meets Ugandan President Yoweri Museveni at the Great Hall of the People in Beijing, China June 25, 2019.  (Nicolas Asfouri / Pool via REUTERS / MANILA BULLETIN)

Chinese President Xi Jinping meets Ugandan President Yoweri Museveni at the Great Hall of the People in Beijing, China June 25, 2019. (Nicolas Asfouri / Pool via REUTERS / MANILA BULLETIN)

State television quoted Xi as saying at a meeting with non-Communist Party experts and advisers in Beijing on Monday that he hopes everyone will correctly recognize China’s current economic situation, adding that efforts to improve its economic structure will not be smooth.

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