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Chinese Premier Wen Jiabao says no one should rely on China to bail out the world economy....

  • Wednesday, September 14, 2011, 6:32 AM ET
    Chinese Premier Wen Jiabao says no one should rely on China to bail out the world economy. "Countries must first put their own houses in order," Wen said today. Asian stocks dropped following his comments, but European markets and futures have shaken the news off.
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This news story has 3 comments:

  •  
    Yet two days ago the markets shot up 200 points in the final 45 mins on rumored Chinese intervention : )
    14 Sep 2011, 06:43 AM Reply Like
  •  
    Barry,,, excellent point~@~!!!!
    If CNBC blasts that quote,,,, it will have a decidedly negative impact,, at least until the NEXT "quote" or "news flash" hits the screen.... amazing how CNBC controls the short term direction of the market~
    14 Sep 2011, 06:58 AM Reply Like
  •  
    China knows it will get far better deals after a default then waiting decades for a payoff that may never occur.
    14 Sep 2011, 06:56 AM Reply Like
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