China

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

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

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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.