Switzerland (AP) — Chinese Premier Wen Jiabo brought cautious optimism to the World Economic Forum Wednesday, predicting that his country will achieve its target of 8 percent economic growth this year despite the global financial meltdown. Wen called for enhanced U.S.-China cooperation to address the issue, even as he and Russian Prime Minister Vladimir Putin obliquely criticized the United States, blaming a relentless pursuit of profits for the worst financial crisis since the Great Depression. Both Wen and Putin said the crisis had impacted their countries’ economies, but Putin refrained from specific forecasts.
China: cautiously optimistic about economy
By The Associated Press
January 28, 2009