China calls on US, Japan to fix their finances
Tokyo (AFP) Oct 13, 2012
China said Saturday the failure by Washington and Tokyo to fix their
fiscal problems was hurting the global economy, as it called for "bold,
swift and decisive action" to reverse a slowdown.
Deputy central bank governor Yi Gang warned the absence of a "credible,
medium-term fiscal consolidation in some of the major advanced economies
such as the United States and Japan" is unsettling for thehttp://www.terradaily.com/reports/China_calls_on_US_Japan_to_fix_their_finances_999.html
China IMF boycott 'a sign of things to come': analysts
Tokyo (AFP) Oct 14, 2012
China's top level boycott of global financial meetings in Japan this
week is a sign of things to come, analysts say, as an economically
emboldened Beijing shows struggling Western nations it doesn't need to
play by their rules.
With global growth slowing, many in the developed world are looking to
Beijing to pick up the slack, and the annual meetings of the
International Monetary Fund and Wohttp://www.terradaily.com/reports/China_IMF_boycott_a_sign_of_things_to_come_analysts_999.html
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