From the foreign press

Shares rallied strongly in Asia and Europe on Friday as investors welcomed the prospect that China may spend more money to keep its economic growth plans on track.

The markets were cheered by comments made on Friday by Chinese Premier Wen Jiabao, who hinted that China was prepared to increase its existing 4-trillion-yuan ($585 billion) stimulus plan.

"We have prepared enough ammunition and we can launch new economic stimulus policies at any time," said Wen.