CCTV.com - CNTV English - CCTV News

G20 leaders meet in Los Cabos

06-19-2012 00:13 BJT Special Report:President Hu Visits Denmark, Attend G20 Summit |

Watch Video

Play Video

World leaders are now in Los Cabos for the G20 summit taking place Monday and Tuesday. They are expected to look for solutions on stimulating growth while balancing efforts to rein-in budget deficits.

This is the seventh meeting of G20 leaders since 2008 when the global financial crisis first threatened to plunge the world’s economy into total meltdown. The summit has since become an important forum for leaders to discuss measures like stimulus spending and emergency funding for countries unable to fund themselves in debt markets.

The Group of 20 was originally created in 1999 to bring together policymakers from traditional economic powers like the US, UK and Russia with fast-growing developing economies such as China and Brazil. The 20 industrialized and developing countries represent more than 80 percent of world economic output.

Editor:Wang Shuo |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program