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Chinese president says Beijing following eurozone problems, confident of solution

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by Associated Press

October 31st, 2011

VIENNA — China’s president says he is confident European Union leaders have the wisdom to solve the financial crisis roiling Greece and threatening to spillover to other countries, but has avoided offering direct help. President Hu Jintao told reporters Monday his country is closely following the EU’s economic development.

VIENNA — China’s president says he is confident European Union leaders have the wisdom to solve the financial crisis roiling Greece and threatening to spillover to other countries, but has avoided offering direct help.

President Hu Jintao told reporters Monday his country is closely following the EU’s economic development.

“We are convinced that Europe has the wisdom and the competence to conquer its momentary difficulties,” he said during an official visit to Austria.



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