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Li spoke highly of the development of China-Greece relations, and expressed appreciation for the importance attached by Tsipras to bilateral ties and his firm support for the joint port project since the Greek prime minister took office.
Li Keqiang: I have to say I am half convinced and half doubtful. When the QE is in place, there may be all sorts of players managing to stay afloat in this big ocean. Yet it is difficult to predict now what may come out of it when the QE is withdrawn. And although there is little debate about whether there will be an interest hike in the United States, people are quite uncertain about when this interest hike will take place. Honestly speaking, it is quite easy for one to introduce QE policy, as it is little more than printing money. But what about the structural problems that have led to the global financial crisis and weak economic recovery? We believe one needs to undertake structural reforms. Yet not that many countries have taken significant steps in this direction. This is like treating a patient. We need to give him IV drip and antibiotics. Otherwise, it may cost us the time to cure his disease. But eventually, one has to discontinue the use of antibiotics to allow the patient himself to recover on his own physical strength. So I’m not an outright opposer to QE, but I believe what is more important is the structural reforms.
LIMA, May 22 (Xinhua) -- China and Peru have agreed to conduct a feasibility study on a proposed transcontinental railway connecting Peru's Pacific coast with Brazil's Atlantic coast.
There should be more political discussion and consultation under the system to consensus and optimize decision-making, the president said.
The two sides should insist on the peaceful development of relations by adhering to the 1992 Consensus, and oppose "Taiwan independence", said Yu, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee.