China, US to cooperate in macroeconomic, financial policies to solidify recovery: President Hu

• Source: Xinhua
• [13:06 November 17 2009]
• Comments

China and the United States have  agreed to continue dialogue and cooperation in macroeconomic and  financial policies as the the recovery of the global economy  remains unsteady, Chinese President Hu Jintao told the press on Tuesday after his talks with visiting US President Barack  Obama.   

Hu said he and President Obama exchanged views on the current  global financial situation and held that given the positive signs  of the  recovering global economy, the foundation of it was far  from solid.   

"We both agreed to properly handle trade frictions between the  two countries through negotiations on an equal basis, and to make  concerted efforts to boost bilateral trade and economic ties in a  healthy and steady way," said Hu.   

"I stressed to President Obama that under the current situation, both China and the United States should oppose and resist  protectionism in all forms in an even stronger stand," he said.   Enditem