(Source: Info-Prod Research (Middle East))According to FDI: Chinese President Hu Jintao stated while having an interview with the reporters along with the US President Barack Obama on November 17 that in the current situation, we two countries should fight against various protectionisms more resolutely. Hu said that they had compared notes with each other on the current international economic and financial situation, agreeing that the world's economy has shown the sign of recovery at present, but the foundation of recovery is not firm. Both parties reiterated to step up coordination of policies in the area of macroeconomic finance, adhere to equality and negotiation to properly handle with economic and trade frictions between the two countries and jointly maintain the healthy and stable development of bilateral economic and trade ties.

Originally published by Info-Prod Strategic Business Information.

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