China will avoid the kind of hard landing predicted by the likes of billionaire investor George Soros as policy makers still have enough tools to maintain reasonable growth as they seek to overhaul the world's second-largest economy, the country's top economic planner said.

Top Chinese Official Rebuts Soros Prediction for Hard Landing

-Bloomberg, Mar 6

"Mr Li announced a growth target range for this year of 6.5 to 7 percent, above what many international economists believe is realistic. At the same time he projected the fiscal deficit to rise to 3 percent — a sharp increase but below expectations — as the government struggles to shift from an inefficient, capital-intensive growth model while cushioning an economic slowdown."

China seeks to balance stimulus and reform

-Financial Times, Mar 6