China plans to put its house in or­der

Weekend Argus (Saturday Edition) - - LIFE -

SIN­GA­PORE: China pledged yes­ter­day to wean it­self from ex­port-driven growth as AsianPa­cific busi­ness and gov­ern­ment leaders reaf­firmed their com­mit­ment to the open trade and mea­sured stim­u­lus they say is nec­es­sary to as­sure a global eco­nomic re­cov­ery.

Pres­i­dent Hu Jin­tao said China is do­ing what it can to fire up de­mand at home so that the world’s third-largest econ­omy is less re­liant on ex­ports.

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