Text Only
Search

 
G-20 Meeting Opens in Beijing

15 October 2005

IMF Managing Director Rodrigo de Rato (l) talks to China's President Hu Jintao
IMF Managing Director Rodrigo de Rato, left, talks to China's President Hu Jintao
Chinese President Hu Jintao has called on major economies to ensure trade and energy stability in order to promote a balanced world economy.

Mr. Hu spoke Saturday in Beijing, where he opened the start of a two-day meeting of top finance officials from 20 countries.

He urged countries to create a "sound trading environment for economic growth." He also said major powers should make concerted efforts to stabilize the global energy market.

The so-called Group of 20 is made up of larger developing countries and rich nations, including the United States. The meeting is being held at a time of trade tensions between Beijing and Washington.

Some critics accuse China of manipulating its currency to give Chinese exports an unfair price advantage on world markets.

Some information for this report provided by AFP and AP.

emailme.gif E-mail This Article
printerfriendly.gif Print Version

  Related Stories
Big Board Chief Travels to China, India to Boost Company Listings
Bank of Japan Says Economy Is Recovering as Exports Spring Back
US Federal Reserve Chairman Says Market Flexibility Key to US Growth
 
  Top Story
Soldiers, Family Come Together To Grieve at Fort Hood  Video clip available

  More Stories
Obama Pays Tribute to Fort Hood Shooting Victims   Audio Clip Available  Video clip available
Details Emerge About Alleged Fort Hood Shooter  Audio Clip Available  Video clip available
Washington Area Sniper Executed
Bomb Rocks Northwestern Pakistan
China Ready to Welcome President Obama  Video clip available
US Urges North Korea Not to Escalate Tensions in Yellow Sea
British PM Defends Military Mission in Afghanistan  Audio Clip Available
Lebanon's Unity Government Convenes for First Time
Tropical Storm Ida Downgraded; Moves Inland
Report: Africa's Disappearing Wetlands Produce 'Alarming' Levels of Greenhouse Gas
IEA Urges Action on Climate Change
Somali Pirates Deny Arms Seizure  Audio Clip Available
Cross-Examination Begins in War Crimes Trial of Former Liberian President  Audio Clip Available
US Development of H1N1 Vaccine Hits Snag  Video clip available
Asia to Welcome President Obama  Video clip available
Obama Makes First China Tour as Economic Interdependence Grows  Audio Clip Available  Video clip available
APEC Marks 20 Years, Looks to Future of Regional Trade  Audio Clip Available
Clinton Urges 'Compassion' for Americans Detained in Iran  Audio Clip Available
World War II Museum Expansion Aims at Younger Generations  Audio Clip Available  Video clip available
North Carolina World War II Veterans Honored in Washington  Video clip available