China fails to work out a plan to ease its economic malaise

Premier Li Keqiang issued a bleak warning on Wednesday about the perilous state of China’s economy, telling more than 100,000 officials in a nationwide video conference that they urgently needed to boost growth, reduce unemployment and secure the summer grain harvest.

But the lack of any concrete new initiatives from the central government and muted state media coverage of the event suggest that there is still no easy way out of the