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Russian deputy PM expects situation in China’s economy to stabilize in coming weeks

August 27, 2015, 19:20 UTC+3
Subsequent growth rates of China’s economy may not be as high as before but it is quite feasible to achieve the 5-6% growth
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© AP Photo/Mark Schiefelbein

MOSCOW, August 27. /TASS/. The situation in China’s economy will stabilize just in several weeks, Deputy Prime Minister Arkady Dvorkovich said on Thursday in an interview with Russia 24 TV Channel.

"Chinese financial authorities, the government at large and the president of the People’s Republic of China deliver very clear signals to markets, economy, and partners. I am fully confident the situation will stabilize in several weeks and China will continue growing at a pace corresponding to the level of China’s development in the global economy," Dvorkovich said.

Subsequent growth rates of China’s economy may not be as high as before but it is quite feasible to achieve the 5-6% growth, the deputy prime minister said.

The China’s economy is sufficiently strong to withstand serious shocks, Dvorkovich added.

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