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Donnerstag, 4. Dezember 2008

China urges US to stabilise its economy

BEIJING, Dec 4 – China urged the United States on Thursday to spare no effort to stabilise its economy and financial markets to help avert a global recession. Speaking at the start of a fifth meeting of the cabinet-level ”Strategic Economic Dialogue” between the United States and China, Vice-Premier Wang Qishan said Beijing was doing its part by pursuing fast growth.
”The priority is ... to restore investor confidence as quickly as possible, to prevent the financial crisis from getting worse and to avoid a global economic recession,” Wang said at the start of two days of talks.
more details in Financial Times here...

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