Policy body urges China to confront economic challenges, confident of demand recovery

China’s top economic policy coordinator has urged the country to confront unavoidable challenges, while expressing confidence that investment and consumption growth will recover next year as efforts to boost domestic demand intensify. An unnamed official from the Office of the Central Financial and Economic Affairs Commission said the current challenges were “issues arising in the course of development and transition”. “[They] cannot be avoided or sidestepped, but with effort they can be...