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Economy

China's economy remains resilient despite external risks, says Xi

'Dual circulation' strategy reaffirmed in push toward greater self-reliance

A construction site in Beijing: Xi says that China continues to have huge investment potential.   © Reuters

BEIJING (Reuters) -- China's economy remains resilient and there are ample policy tools at Beijing's disposal despite rising external risks, President Xi Jinping said in remarks published on Saturday.

The world's second-largest economy has steadily recovered from a virus-induced slump, but analysts say policymakers face a tough job to maintain stable expansion over the next several years to turn China into a high-income nation.

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