Wen calls for US fiscal guarantees
This is a discussion on Wen calls for US fiscal guarantees within the China News forum, part of the Doing Business in China category; Chinese Premier Wen Jiabao on Friday urged the US to take measures to guarantee its “good credit”, expressing concern about ...
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Mar 13th, 2009, 04:30 PM
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Wen calls for US fiscal guarantees
Chinese Premier Wen Jiabao on Friday urged the US to take measures to guarantee its “good credit”, expressing concern about the “safety” of his country’s huge holdings of US government debt.
Mr Wen’s shot at the US’s deteriorating fiscal position – on the eve of this weekend’s G20 finance ministers’ meeting – was paired with a promise to increase China’s public spending this year to boost its economy if needed. More... |
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