More on economic policies
Financial crisis unites Asian nations"Japan, China, and South Korea agreed at a North Asia summit yesterday to increase cooperation to tackle the global financial crisis, putting aside decades of animosity...
"'China, Japan, South Korea, as important economies in Asia and in the world, must deal with this once-in-a-century situation. We must talk with each other, make adjustments in our macro-economies and have financial cooperation in East Asia,' Premier Wen Jiabao of China said at a joint news conference after the talks in this southern Japanese city...
"The leaders confirmed the importance of steps to expand demand, pledged not to create trade barriers over the next 12 months, and backed efforts to bolster a regional network of currency swaps. But they unveiled no new specific steps..."
Labels: economics, globalization, policy
posted by Ken Wedding @ 8:08 AM
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