Tag: Wen Jiabao

Wen Jiabao
Thursday, May 24th 2012 - 16:27 UTC

China to take measures to boost demand fearing economy slowdown

“Downward pressure on the economy is increasing” said the government led by Premier Wen Jiabao

China has said it will take measures to boost demand and investment amid fears of a slowdown in its economy. The government said it will encourage private investment in sectors such as energy, railways and telecommunications.

Monday, April 9th 2012 - 15:50 UTC

China’s inflation rebounds in March conditioning easier monetary policy

Premier Wen Jiabao has cited inflation is one of China's main economic worries

China's inflation rebounded slightly in March after logging an extremely low growth in February, backing lingering uncertainty regarding the country's ability to contain price rises.

Thursday, March 15th 2012 - 14:29 UTC

Wen Jibao calls for ‘urgent reform; warns against another ‘Cultural Revolution’

The Cultural Revolution of Mao Zedong was a “historical tragedy”, said Wen Jibao

Chinese Premier Wen Jibao made a strong pitch for political reforms in the Communist ruled country, warning that a failure to carry out structural corrections could unleash the upheaval of another Cultural Revolution.

Tuesday, March 6th 2012 - 01:06 UTC

China targets 7.5% economic growth as it prepares for change of leadership

Economic stability is the priority said Premier Wen Jibao

China expects economic growth of 7.5% this year as it looks for more sustainable expansion, prepares for a change in leadership and rides out a global slowdown. Premier Wen Jiabao unveiled the target at the start of the annual National People's Congress.

Friday, February 3rd 2012 - 19:00 UTC

China has neither the ability or the intention to ‘buy Europe’ says Wen Jibao

Premier Wen Jiabao, Beijing willing to help but via the IMF

China's Premier Wen Jiabao said on Friday the Asian giant had neither the ability nor the intention to “buy Europe”, amid concerns over growing Chinese investment in debt-stricken Euro zone economies.

Monday, January 23rd 2012 - 16:28 UTC

China admits “big distribution challenges” in the Year of the Dragon

President Hu Jintao ends his second term as party head and hands over to a successor, widely expected to be Vice President Xi Jinping

China will face “bigger challenges” in the Year of the Dragon its Prime Minister Wen Jiabao warned Saturday, as he pledged economic reforms to improve wealth distribution, state media reported.

Monday, November 21st 2011 - 07:25 UTC

Obama and Wen Jibao have ‘constructive’ exchange on the South China Sea issue

Each year 5 trillion dollars in trade cross the sea that has at least five claimants

President Barack Obama was encouraged by the constructive tone of a discussion about the South China Sea issue at an East Asia leaders' meeting in Bali, Indonesia, a senior US official said.

Tuesday, October 25th 2011 - 03:49 UTC

Chinese leaders growing concern with food and property prices

Premier Wen Jibao, watch out for social stability

China's Premier Wen Jiabao said the country must control food and property inflation to ensure social stability. The remarks came after the premier visited fresh food markets in south western China over the weekend.

Thursday, October 6th 2011 - 17:06 UTC

China, the white knight of success, is facing its own debt bubbles

Premier Wen Jiabao urged stronger financial support for cash-strapped small businesses

With its deep pockets and buoyant growth, China has been touted as a white knight for the world economy. But fears are growing that the country may face its own debt crisis as its economy shows signs of a slowdown.

Tuesday, September 20th 2011 - 22:00 UTC

Beijing says financial aid to Euro zone has ‘no preconditions’

PM Wen Jiabao said China wants to be recognized as a ‘market economy’

Beijing's plan to provide financial aid to the European Union is not contingent on Europe supporting a proposal that could protect China from trade sanctions, a Commerce Ministry spokesman said on Tuesday.

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