BEIJING, May 23 — China and the United States should strengthen economic stability and policy coordination to combat risks to global recovery from Europe’s debt troubles, the Chinese Finance Minister Xie Xuren said.Xie made the call today in an essay published ahead of high-level talks with US officials in Beijing from tomorrow.
In the essay published in the Washington Post and on his Ministry’s website, Xie (picture) argued that the two big economies powers should find common ground in confronting risks from Europe.
“At present, risks from European sovereign debt have increased factors of instability in the course of global economic recovery,” Xie wrote.
He wrote that China and the United States must “each protect macro-economic stability and strengthen macro-economic policy coordination, to consolidate the trend towards global economic recovery.” — Reuters
