growth rate

Global economy faces second financial crisis

May 31, 2010 - 5:17am | Analytics | News
Global economy faces second financial crisis

The global economic growth remains vulnerable to sovereign debt risks and a second downturn, warned Chinese Premier Minister Wen Jiabao on Monday and underlined that his own country remain on track.

Wen said that it is still early for the nations to consider exiting their stimulus spending.

"All countries must coordinate together and strengthen support to the economy. There cannot be the least relaxation," he told a meeting with Japanese business leaders in Tokyo.


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