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Asia, Europe Beijing Conference To Discuss Financial Crisis, Climate Change
The largest gathering of leaders from Asia and Europe descends on the Chinese capital of Beijing today, Thursday for a two-day summit to discuss the unfolding global financial meltdown and the growing problem of climate change. The seventh biannual Asia-Europe Meeting will be attended by leaders from the 27 European countries and 16 Asian nations. Serge Abou, the European ambassador to China said he expects discussion on the financial crisis to be "very tense." And Herve Ladsous, French ambassador to China said the leaders attending the meeting aim to come out with a strong and united messages to encourage confidence back to the global markets. Among the high-profile leaders who confirmed attendance were European Commission President Jose Manuel Barroso, German Chancellor Angela Merkel and French President Nicolas Sarkozy. Barroso is expected to hold a press conference Thursday afternoon in Beijing.
China's vice-minister of commerce Yi Xiaozhun said his government has committed to cooperate to bring to an end the slump in the financial markets. Yi said the expanding trade and service industries cooperation between Asia and Europe could help turn the tide and provide key solution to the problem. He said the proposal could stabilize the financial market and at the same time, open fair international trade relations to restore confide and drum up economic activities.
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