China's Premier says rebound not yet stable

China’s recent economic rebound reflected in financing and industrial data from August is “not solid yet with many uncertain factors,” Bloomberg reported, citing Chinese Premier Li Keqiang’s address on Wednesday at the World Economic Forum in Dalian, China. Government data on September 10 showed industrial production and aggregate financing, the nation’s broadest measure of new credit, rose more than estimated in August, in a sign leaders are committed to meeting economic goals even at the cost of adding financial risks. Li warned that the rebound was not on stable foundation and government stimulus won’t resolve deep-seated problems.