Foreign and Military Affairs

Hu: China concerned over new US monetary policy

By Wu Jiao (chinadaily.com.cn)
Updated: 2010-11-11 20:22
Large Medium Small

China is concerned about the quantitative easing policy taken by the United States, Chinese President Hu Jintao said.

Hu made the remarks while meeting his US counterpart Barack Obama Thursday afternoon in Seoul ahead of the G20 summit. It is the third meeting between the two state leaders within this year, and also the last one before Hu's impending State Visit to the US early next year.

"Relative policies taken by the US should take into concern the interests of the newly emerging economies and developing countries," said Hu.