Chinese Economic Growth of 7.5% is Logical

China signalled it would buy bonds when Greece issues debt again, in a show of support for a financially-stricken nation that hopes to become a gateway into Europe for Chinese products.

Kicking off a three-day visit to Greece, Chinese Premier Li Keqiang pledged to remain a long-term investor in Greek bonds and reiterated growth and CPI targets for the Chinese economy, though he warned the global economy remained uncertain.

“The Chinese economy is under pressure but it is still growing at a steady pace,” Li, speaking through an interpreter, told a news conference. “Certainly, the global economic recovery still has many uncertainties and faces many challenges.”

CNBC

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