China Politburo cheers 'resilience,' warns on 'disorderly competition'

Top decision-making body vows to manage capacity in key industries

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President Xi Jinping and Premier Li Qiang at a reception last September. China's top decision makers have acknowledged that the economy "faces many risks and challenges." © Reuters

STELLA YIFAN XIE

HONG KONG -- China's top decision-making body on Wednesday signaled confidence while also pledging to support growth and tackle "disorderly competition" in the world's No. 2 economy.

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