Xinhua Net reported on Nov. 30 that Chinese Premier Wen Jiabao commented on international trade after the China-Europe Summit. Wen said that it was unfair to ask China to increase the RMB exchange rate while applying protectionism against China. He believed the request was actually an effort to restrain China’s development. Wen also suggested that keeping the Chinese currency stable benefits the Chinese economy as well as the recovery of the world economy.
Source: Xinhua, November 30, 2009