EghtesadOnline: Policymakers in China are pushing a bullish message on the world's second-biggest economy after a solid first quarter, pointing to a slow down in capital outflows and a stable yuan after a selloff last year stoked fears of instability.

EghtesadOnline: China's economy grew 6.9 percent in the first quarter from a year earlier, slightly faster than expected, supported by a government infrastructure spending spree and a frenzied housing market that is showing signs of overheating.

EghtesadOnline: Chinese Premier Li Keqiang warned Sunday the world's second-largest economy faces severe challenges, signaling a further deceleration as he announced a trimmed 2017 GDP growth target of "around 6.5%."