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China calls for global efforts to tackle Europe economic woes

"All members of the international community should follow the all-in-the-same-boat spirit and join hands to ride out the current woes," Chinese premier Hu Jintao said.

IANS | November 3, 2011 | Updated 13:49 IST

Chinese President Hu Jintao said on Wednesday that all members of the international community should work together to cope with worldwide economic difficulties, Xinhua reported.

The world is experiencing a sluggish economic recovery, said Hu while holding talks with Christine Lagarde, managing director of the International Monetary Fund, ahead of a G20 summit slated for Thursday and Friday in Cannes.

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He noted that some developed countries are struggling with serious sovereign debt problems, while emerging economies are confronted with inflation and drastically fluctuating cross-border capital flows.

Under such circumstances, all members of the international community should follow the all-in-the-same-boat spirit and join hands to ride out the current woes, he stressed.

Besides China, the G20 comprises Brazil, the US and Canada, Argentina, Australia, India, France, South Korea, Germany, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Turkey, Britain, and the European Union.

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