China's Li sees room to boost economy without opening floodgates

BEIJING (Reuters) - China has room to stimulate an economy trying to recover in the wake of the coronavirus pandemic, but the government does not want to open the "floodgates", Premier Li Keqiang said on Thursday at the end of the annual meeting of parliament.China's economy suffered a 6.8 percent contraction in the first quarter, as the country reeled from an epidemic that began in the central city of Wuhan.And for the first time in 19 years, the government has refrained from setting an annual..