China calls for global efforts to tackle economic woes
November 3rd, 2011 - 4:23 am ICT by IANSCannes (France), Nov 3 (IANS) Chinese President Hu Jintao said here Wednesday that all members of the international community should work together to cope with worldwide economic difficulties, Xinhua reported.
The world is experiencing a sluggish economic recovery, said Hu while holding talks with Christine Lagarde, managing director of the International Monetary Fund, ahead of a G20 summit slated for Thursday and Friday in Cannes.
He noted that some developed countries are struggling with serious sovereign debt problems, while emerging economies are confronted with inflation and drastically fluctuating cross-border capital flows.
Under such circumstances, all members of the international community should follow the all-in-the-same-boat spirit and join hands to ride out the current woes, he stressed.
Besides China, the G20 comprises Brazil, the US and Canada, Argentina, Australia, India, France, South Korea, Germany, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Turkey, Britain, and the European Union.
- India to focus on expanding ties with France: Mukherjee - Feb 19, 2011
- India can help in Eurozone crisis: Montek - Nov 03, 2011
- Manmohan Singh heads for Cannes Wednesday for G20 Summit - Nov 01, 2011
- IMF calls for action to handle global crisis - Sep 25, 2011
- Will continue to support Europe in crisis: China - Mar 21, 2012
- World has expectations from G20 summit: China - Nov 03, 2011
- Developed nations' problems now affect developing economies: IMF - Oct 16, 2011
- IMF arms itself with $430 bn new funding - Apr 21, 2012
- Greece has upset calculations, let it not multiply: Manmohan - Nov 03, 2011
- IMF to explore options to combat global economic risks - Jan 18, 2012
- World economy still in danger zone: IMF - Feb 27, 2012
- G20 must ensure economic growth: Chinese president - Nov 02, 2011
- Manmohan Singh heads for G20 Summit in Cannes Wednesday - Oct 29, 2011
- Greece upset calculations, let it not spillover: Manmohan - Nov 04, 2011
- Pranab begins BRIC meetings, India asked to plug IMF funding hole (Lead) - Sep 04, 2009
Tags: australia india, britain and the european union, cannes france, chinese president hu, chinese president hu jintao, christine lagarde, debt problems, economic difficulties, economic recovery, economic woes, emerging economies, g20 summit, germany indonesia, global efforts, hu jintao, international monetary fund, korea germany, president hu jintao, sovereign debt, xinhua