The "relevant countries" should "assume concrete and responsible tax policies to guarantee the security of investments". These are the words entrusted to a statement that the State Council of the People's Republic of China issued today, following a meeting chaired by Premier Wen Jiabao. With this act, China wanted to renew the pressure on the main world powers to work on stabilizing the financial markets and relaunching investor confidence. To do this - according to Jiabao - global cooperation must be achieved in which the countries involved in the crisis are committed to reducing budget deficits and solving their debt problems.
Also today, in conjunction with the Chinese warning, US Treasury Secretary Timothy F. Geithner and Chinese Vice Premier Wang Qishan had a telephone conversation on the same topic of the global economic situation and financial market movements. This was announced by the Asian government website.
