China’s Xi Jinping Warns of Economic ‘Winds and Rains’

“Chinese leader Xi Jinping urged his countrymen to brace for more economic challenges in the year ahead, sounding a downbeat note as a string of weak readings highlights the many headwinds facing the world’s second-largest economy,” the Wall Street Journal reports.

Said Xi: “On the path ahead, winds and rains are the norm. Some companies are facing business pressures; some people are running into difficulties finding jobs and in their daily living.”