Economics

Chinese Premier to Eurasian Summit: Need a Plan to Solve Debt Crisis

Leaders of 50 countries from Europe and Asia are meeting in Laos

|

China's premier has told a summit of Asian and European leaders that major economic institutions need a clear and reliable plan to solve Europe's sovereign debt crisis.

Wen Jiabao, who is China's top economic official, told the opening session of the two-day meeting in Laos that European nations need to balance reform, stability of financial markets and economic recovery.