Monday, September 14, 2009

Cambodia: China a locomotive for regional growth

Xinhua - China has made itself a locomotive for regional growth through its efforts to combat the world economic crisis, said Cambodian Prime Minister Hun Sen.

"It is obvious that the Chinese leaders are far-sighted in having China integrated into the global economy, which is in fact contributing to regional and world development," he said in a recent written interview with Xinhua.

Hun Sen said he believed China's success has been due to a gradual and consistent reform. "I think China has made a right strategy in participating in the global economy with a continued improvement of its institutions and productivity," he said.

While many countries around the world are having recessions, China's economy remains remarkably stable, Hun Sen said. This showed that the development model and economic policy of China are more effective than some of the developed economies, he added.

Published by Mike Hitchen i On Global Trends, world news, analysis, opinion
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