China Alone Cannot Save World From Brexit Downturn: Li

Fahad Shabbir (@FahadShabbir) Published July 22, 2016 | 05:23 PM

China alone cannot save world from Brexit downturn: Li

BEIJING,(UrduPoint / Pakistan Point News - 22nd july,2016) - The world cannot depend on China alone to save it from a Brexit-induced downturn, the country's premier said Friday, ahead of hosting a meeting of G20 finance ministers. Government representatives and central bank chiefs from the world's top 20 economies gather in the southwestern Chinese city of Chengdu this weekend with the impact of Britain's vote to leave the European Union (EU) high on the agenda.

"It is impossible to carry all of the burden of the whole world on our shoulders," said Premier Li Keqiang, after meeting the heads of six global economic organisations, including the World Bank and International Monetary Fund (IMF) in Beijing.

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