国内英语新闻:China likely to buy more Spanish government bonds: vice premier
Due to sluggish economic growth and high unemployment, the Spanish government's finances have been quite stretched, and some investors are worried that it may not be able to fully repay its debts.
Some investors have shunned Spanish government bonds and those who remain in the market demand much higher yielding rates, thus pushing borrowing costs up for the Spanish government.
The Spanish government has since taken a series of austerity measures to reduce government spending while trying to restore fiscal balance and economic recovery.
Chinese leaders have said repeatedly they want to see a stable eurozone and a dynamic euro. China has bought European government bonds as part of its efforts to help alleviate the so-called sovereign debt crisis.
Li suggested during the Tuesday meeting that China and Spain further expand cooperation on trade, investment and new energy as a way of fighting the global financial crisis and achieving common development.
Salgado briefed Li on Spain's current economic conditions.
She said the Spanish government has take measures to reduce fiscal deficits and thus far has achieved positive results.
She also said Spain appreciates the important role Chinese investors have played in stabilizing Spanish financial markets, adding the Spanish government supports efforts by Spanish companies to invest in China and welcomes Chinese investments in Spain.
She said the Spanish government has come up with specific plans for attracting more Chinese tourists to the country, and suggested Spain and China join hands in developing markets in Latin America, where Spain has strong, traditional cultural and economic links.
相关文章
- 英语文摘:China urges G7 to cease interfering in its internal affairs
- 英语文摘:HKSAR gov't strongly refutes G7, EU statements on chief executive election
- 英语文摘:Xi's keynote speech at opening ceremony of Boao Forum for Asia Annual Conference 2022 publ
- 英语文摘:Xi attends ceremony marking centenary of Communist Youth League of China
- 英语文摘:Xi talks with Macron over phone
- 英语文摘:External interference in Hong Kong affairs doomed to be self-defeating: Commissioner's off
- 英语文摘:Chinese spokesperson slams Western countries smearing Hong Kong election
- 英语文摘:China calls for equal, balanced global development partnership
- 英语文摘:Xinhua Headlines: A look at younger generation on China's new journey
- 英语文摘:Chinese vice premier reiterates dynamic zero-COVID policy