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China : Finance Last Updated: Apr 4, 2009 - 4:07:04 AM


Hu Jintao's Important "Common Boat" Speech at the G-20 Summit: Oppose Protectionism in Reestablishing the International Financial Order
By chinafreepress.org (translation)
Apr 4, 2009 - 4:06:30 AM

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Hu Jintao's Important "Common Boat" Speech at the G-20 Summit: Oppose Protectionism in Reestablishing the International Financial Order

On Thursday April 2 President Hu Jintao in London gave an important speech at the second annual G-20 financial summit meeting. The title of Hu's speech was "People in the Same Boat Must Help Each Other." Hu emphasized that at present the financial crisis is growing deeper and wider every day and negatively influencing every economic entity in the world. The most pressing responsibility is to counter falling into more rapid decline and resume economic growth. In this regard all impulses toward protectionism must be resisted, and a climate of open and free trade and investment must be maintained. Mutually beneficial reforms must be promoted in order to reestablish the international economic order.

Full Chinese report at: http://www.nanfangdaily.com.cn/nfjx/200904040031.asp


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