. Space Industry and Business News .




.
POLITICAL ECONOMY
Wen says Europe stability in China's interests
by Staff Writers
Beijing (AFP) Feb 5, 2012


China's Premier Wen Jiabao said a stable Europe was key to stability at home, in comments published Sunday, at the end of a week that saw Germany's chancellor visit Beijing.

"Firstly, our biggest export market is Europe," Wen said in the southern city of Guangzhou on Saturday, adding that Europe was also a main source of technology for China.

"Helping stability in the European market is actually helping ourselves... We have to keep import and export policies stable."

Wen was echoing comments he made on Thursday during German Chancellor Angela Merkel's visit to China, intended to boost her hosts' confidence in Europe.

At a conference with Merkel in the capital on Thursday, China's premier warned of an "urgent" need to solve the European debt crisis and said Beijing was looking at ways it could contribute to bailout funds.

The sovereign debt crisis in Europe has seen a wave of credit-rating downgrades and brought Greece to the brink of bankruptcy.

Wen called on the international community to work together on the embattled region, which is China's top export market.

"China is investigating and evaluating ways, through the International Monetary Fund, to be more deeply involved in solving the European debt problem via ESM/EFSF channels," Wen said.

He was referring to the European Financial Stability Facility, a temporary rescue fund that was established to help struggling economies in Europe, and the European Stability Mechanism -- a newer, permanent fund.

China, the world's second-biggest economy, has watched with increasing concern as the debt crisis has deepened, repeatedly urging European leaders to get a grip on the situation.

Related Links
The Economy




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



POLITICAL ECONOMY
Merkel wraps up China visit
Beijing (AFP) Feb 4, 2012
German Chancellor Angela Merkel on Saturday wrapped up a visit to China where she tried to reassure her hosts on the strength of the euro and Europe's ability to overcome its debt crisis. During her three-day trip to the world's second largest economy, Merkel praised the advantages of the single currency and urged China to put pressure on Iran and to condemn Syria at the United Nations. ... read more


POLITICAL ECONOMY
Samsung condemns 'anti-Iran' ad featuring its tablet

Malaysia plant threatens China grip on rare earths

Smart paint could revolutionize structural safety

LockMart MUOS Satellite Encapsulated In Launch Vehicle Payload Fairing

POLITICAL ECONOMY
Brazil to assemble Harris tactical radio

Northrop Grumman Wins Award for USAF Design and Engineering Support Program

Fourth WGS Satellite Sends First Signals from Space

Boeing to Build More Wideband Global SATCOM Satellites for USAF

POLITICAL ECONOMY
Launch of Proton-M with Dutch Satellite Postponed

First Vega rocket assembled on launch pad

Ukraine, Russia to Launch 2 Dnepr Carrier Rockets in 2012

Russia Plans to Launch U.S. Satellite in February

POLITICAL ECONOMY
ESA Director General praises UK space innovation

Lockheed Martin-Built GPS Satellites Reach 150 Years of Combined On Orbit Service

LED lights point shoppers in the right direction

Opening of UK site producing the heart of Galileo

POLITICAL ECONOMY
Snow and fog ground half of London Heathrow's flights

China bans airlines from paying EU carbon charges

Helicopters set to become more manoeuvrable - using humpback whales as the prototype

Singapore Airlines 3Q net profit down 53 percent on-year

POLITICAL ECONOMY
Jumpstarting computers with 3-D chips

Researchers Devise New Means For Creating Elastic Conductors

Cooling semiconductor by laser light

A new class of electron interactions in quantum systems

POLITICAL ECONOMY
NASA's GCPEX Mission: What We Don't Know about Snow

China considers Google Maps request

NASA Finds 2011 Ninth-Warmest Year on Record

Satellite observes spatiotemporal variations in mid-upper tropospheric methane over China

POLITICAL ECONOMY
Scavengers face tough times as Mexico dump closes

India's air the worst, says study

Eight executives detained in China pollution case

Chinese media blast officials over toxic river


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement