Tag: Wen Jiabao

• Friday, February 3rd 2012 - 19:00 UTC

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

  

  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

  

  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

  

  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

  

  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

  

  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’

  

  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.

• Tuesday, August 9th 2011 - 21:53 UTC

  Inflation in China higher than expected; food prices climb 14.8% in 12 months

  

  Inflation in China was higher than expected in July, despite a series of efforts by the government to rein in prices. Consumer prices in July rose 6.5% compared with the same month last year, the National Bureau of Statistics said.

• Friday, July 15th 2011 - 06:01 UTC

  “Home, sweet home”, ever so distant (and expensive) for Chinese citizens

  

  China on Thursday pledged to extend limits on new home purchases to smaller cities as authorities step up efforts to cool the country's red-hot real estate market. The State Council, or cabinet, said it would tighten existing property restrictions in cities that have seen excessive price rises to push them “back to reasonable levels”.

• Wednesday, July 6th 2011 - 15:48 UTC

  China hikes rates for the third time this year to combat inflation

  

  China has increased its main interest rates for the third time this year to try to curb inflation. Chinese central bank, the People's Bank of China, said its one-year lending rate would rise to 6.56% from 6.31% and its one-year deposit rate to 3.5% from 3.25%.

• Friday, July 1st 2011 - 01:38 UTC

  Beijing-Shanghai high speed train link begins commercial operations

  

  High speed trains linking Beijing and Shanghai made their commercial debut on Thursday on a 33 billion US dollars track China hopes will open a new page to the country’s rail history and help ease its overloaded transport system.