Suggesting that the European debt crisis could trigger a second “double-dip” recession, China’s Premier Wen Jiaboa warned it is too early to wind down government stimulus spending.
“The world economy is stable and beginning to revive, but this revival is slow and there are many uncertainties and destabilizing factors,” the Premier cautioned. “I believe that we can’t say with absolute certainty, so we must undertake close observation and act to prevent it.
Source: Reuters