Topic: Financial Markets

China facing tough year, PM rejects yuan pressure

China faces a difficult year as it works to maintain economic growth and spur development, but it will not be bullied into changing its exchange rate policy, Premier Wen Jiabao said Sunday. In a wide-ranging press conference at the end of China's annual session of parliament, Wen said Beijing ...
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China's Wen says U.S. responsible for bad ties

BEIJING (Reuters) - The United States is to blame for strains between Beijing and Washington and should take steps to repair ties, Chinese Premier Wen Jiabao said on Sunday, indicating the two powers have not overcome a recent rough patch. Wen said U.S. actions, including a visit to Washington by ...
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China PM defends assertive trade, foreign policy

China vows to fight any new signs of economic crisis, chides US for 'disturbance' in relationsChina vowed Sunday to remain alert to any renewed signs of economic crisis and forcefully defended its currency, trade and more assertive foreign policies as helping global rebalancing, not undermining it. Premier Wen Jiabao repeatedly ...
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China's Wen pushes back against yuan rise calls

BEIJING (Reuters) - Chinese Premier Wen Jiabao on Sunday spurned foreign calls for the yuan to rise and showed no let up in scolding the United States over recent bilateral tensions. Wen said calls from the United States and other big economies for China to lift the value of its yuan ...
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