Bloomberg News

China’s Hu Will Focus on EU Debt, Commodity Prices at G20: Cui

October 28, 2011

Oct. 28 (Bloomberg) -- Chinese President Hu Jintao will focus on European Union debt and commodity prices when he attends the upcoming Group of 20 meeting, Vice Foreign Minister Cui Tiankai said in Beijing today.

The summit must “restore market confidence,” Zhang Tao, the head of the international department at the People’s Bank of China, said at the briefing. Countries must substantially reduce deficits and debt, Zhang said.

To contact the reporter on this story: Michael Forsythe in Beijing at mforsythe@bloomberg.net

To contact the editor responsible for this story: Nicholas Wadhams at nwadhams@bloomberg.net


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