China's premier, Wen Jiabao, plans to stabalize China's economy by attempting to raise domestic demand. However inflation and corruption are still lingering threats. While U.S. lawmakers have been attempting to convince China to raise the value of its currency, Premier Wen believes that the United States should stay out of his particular issue. But Wen has noticed that President Obama's stimulus package is helping the U.S. economy, and wants to create a similar package for China's economy.
Submitted by: Laura Lubuguin
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment