China’s economy isn’t headed for a hard landing and isn’t dragging on the global economy, China’s top economic planner said on Sunday, but uncertainty and instability in the global economy do pose a risk to the country’s growth. China on Saturday acknowledged it faced tough challenges but said it would keep its economy expanding at least 6.5 percent on average over the next five years while pushing hard to create more jobs and restructure state-owned enterprises. “China will absolutely not experience a hard landing,” Xu Shaoshi, head of the National Development and Reform Commission (NDRC), told reporters at a briefing. “These predictions of a hard landing are destined to come to nothing.” China’s economy grew 6.9 percent in 2015. While that rate was the slowest in a quarter of a century, the pace was still […]