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International Business Times
International Business Times
World
AFP News

China Caps Key Political Meet With Pledges To Boost Ailing Economy

Top officials have been upfront about the myriad challenges China is facing but details of how they plan tackle them have been scant (Credit: AFP)

China's leaders on Monday wrap up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record high youth unemployment figures.

Top officials have been upfront about the myriad challenges China is facing, admitting that a modest five percent growth goal will not be easy and that "hidden risks" are dragging the economy down.

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