China This Week: President Hu at APEC; Investment Promises to Wal-Mart; Anti-Inflation Measures

Hu Urges Trade Liberalisation at APEC:  Chinese President Hu Jintao urged the Asia-Pacific Economic Cooperation (APEC) economies to promote liberalization and facilitation of trade and investment.

Addressing the second session of the 18th APEC Economic Leaders' Meeting, Hu said, "APEC should continue to uphold the spirit of the Bogor Goals [of free and open trade and investment], adapt to the changing situation and actively tackle new challenges, leverage its own strengths and further improve itself."

Hu also defended the role of newly emerging markets in world economic recovery and gave assurances that China seeks to expand domestic demand growth and remains committed to reforming its exchange rate.

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