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Some Asian countries face weak growth: Chinese vice-premier

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Reuters Boao, China
Last Updated : Jan 21 2013 | 2:54 AM IST

Some Asian countries are facing downward pressure on growth and inflationary pressure, China's Vice-Premier Li Keqiang said on Monday, as the global economic climate remains weak amid continued uncertainty in the West.

"Some regions and countries in Asia are now facing downward pressure on economic growth and rising inflationary pressure," Li said in a speech at the opening ceremony of the 2012 Boao Forum for Asia on the southern Chinese island of Hainan.

Li is widely expected to succeed Wen Jiabao as premier in a leadership transition that begins later this year.

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First Published: Apr 02 2012 | 10:26 AM IST

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