LONDON (AFP)
AFP - Tuesday, February 3
China urges unity against 'disaster'
China called on Monday for urgent coordinated action to avoid a global economic catastrophe, even as fresh splits emerged within the European Union on dealing with the spiralling crisis.
"When bubbles burst, the world is exposed to disaster," Chinese Premier Wen Jiabao said during talks with British Prime Minister Gordon Brown in London amid fresh reports world wide of job losses and industry bailouts.
"This financial crisis is a global one. No single country can remain immune and address this in isolation. We are sitting in the same boat and we need to all work together to overcome the difficulties," he said.
Wen's comments came amid fears of a rise in protectionism during the crisis, and as China and France pointed to sharp rises in unemployment.
http://sg.news.yahoo.com/afp/20090202/tts-finance-economy-world-c1b2fc3.html
AFP - Tuesday, February 3
China urges unity against 'disaster'
China called on Monday for urgent coordinated action to avoid a global economic catastrophe, even as fresh splits emerged within the European Union on dealing with the spiralling crisis.
"When bubbles burst, the world is exposed to disaster," Chinese Premier Wen Jiabao said during talks with British Prime Minister Gordon Brown in London amid fresh reports world wide of job losses and industry bailouts.
"This financial crisis is a global one. No single country can remain immune and address this in isolation. We are sitting in the same boat and we need to all work together to overcome the difficulties," he said.
Wen's comments came amid fears of a rise in protectionism during the crisis, and as China and France pointed to sharp rises in unemployment.
http://sg.news.yahoo.com/afp/20090202/tts-finance-economy-world-c1b2fc3.html
