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World media's reaction to Hu Jintao's speech at G20

06-29-2010 09:35 BJT Special Report: Hu Visits Canada, Attends G20 Summit |

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Chinese President Hu Jintao's speech at the G20 summit in Toronto has drawn world attention. Different comments emerged in different papers soon after the summit concluded.

The Xinhua News Agency talked to Alan Alexandroff, the co-director of the G20 Research Group. He says that a report shows China's efforts to make the G20 an efficient organization. He says that President Hu's speech also unveils China's support to the other developing nations, which is very valuable. Hu Jintao's speech highlighted the problems in China. Alexandroff says the comments are objective, which proves that China faces challenges if it tries to maintain its economic growth.

China Daily quoted economists as saying that the reform of China's currency exchange system is not only in the interests of its own economy, but will also help ease the imbalance of international trade and economy. But they also warned those developed countries who have attempted to blame China for the imbalance in the world's economy not to expect too much on China's currency exchange reform.

France's paper Le Monde says the G20 enables China to promote its world status, and even play a major role, as the G20 is formed purely out of economic factors.

World comments on Hu's speech

Alan Alexandroff, co-director of G20 Research Group

China's efforts to make G20 more efficient.

It's valuable that China is supportive to other developing nations.

China still faces challenges in economic development.

Foreign economists:

Reform of China's currency exchange system is beneficial to the world's economy.

Developed countries should not expect a high appreciation of the RMB.

G20 ---a good chance for China to promote its status.

Editor:Zhang Jingya |Source:

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