China Foreign Minister: Global Economy Faces Difficult Recovery
First Published Saturday, 28th April 2012 10:41 am - © 2012 Dow Jones
WARSAW -(Dow Jones)- The global economy is facing a difficult recovery, and while the euro-zone debt situation is getting better, uncertainties still abound, China's foreign minister, Yang Jiechi, said in a statement Saturday.
Wrapping up China Premier Wen Jiabao's eight-day trip in Europe that ended Friday, Yang said there are currently deep and complex adjustments in the global environment, and that China and Europe are current at a crucial moment in their respective development phase. Both sides have "the same boat" mentality in their cooperation efforts, and targeting a longer term view in their joint endeavors would benefit the global economic recovery and stability, Yang said, according to a statement on the foreign ministry website.
During Wen's tour in Iceland, Germany, Sweden and Poland, the premier said China's strategy is to focus on sustainable development and that the country will speed up restructuring efforts. There remains a lot of potential for cooperation between China and Europe, the statement added.
China supports the unity of Europe, remains confident in the region, and is willing to work with others to manage the euro-zone debt crisis, the statement said.