China has 'ample' room for stimulus: premier

The Chinese government has more weapons in its arsenal to boost the world's second-largest economy, Premier Li Keqiang said on Sunday as he sought to ease concerns about flagging growth. Li earlier this month decreased China's annual growth target to "approximately seven percent", the lowest since a similar goal in 2004, after the economy expanded 7.4 percent last year, the slowest pace in nearly a quarter of a century. Fears are on the rise that Chinese expansion, a key driv