China will play 'positive role' in financial crisis, Wen says

by Staff Writers
Beijing (AFP) Oct 14, 2008
China will continue to play a "positive role" in efforts to contain the global financial crisis, Premier Wen Jiabao told his British counterpart Gordon Brown on Tuesday, an official statement said.

"In responding to this crisis, the international community must strengthen cooperation," Wen told Brown during telephone talks, according to a statement released by the Chinese foreign ministry.

"China will continue to play a positive role by having a responsible attitude," the ministry quoted Wen as saying.

Wen told Brown that the crisis had so far had a "limited and controllable impact on China," emphasising that China had only gradually begun to open its financial system to the outside world in recent years.

"We will continue to take flexible and cautious measures... to ensure economic and financial stability, as well as the stability of capital markets," the Chinese premier said.

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Outside View: Russia flexes Med sea power

Moscow (UPI) Oct 10, 2008
A squadron comprising the nuclear-powered battle cruiser Peter the Great, the anti-submarine warfare -- ASW -- ship Admiral Chabanenko and two supply ships from the Russian navy's Northern Fleet recently entered the Mediterranean Sea.

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