Chinese official: G8, emerging economies' summit to boost co-op

The July 9 dialogue between leadersof the Group of Eight (G8) and emerging economies will focus on the global downturn and serve to boost cooperation between the industrialized and developing countries, a senior Chinese diplomatsaid in Beijing Thursday. "We expect the 8+5 meeting will give a strong signal for further cooperation on tackling the financial crisis on the basis of the G20 summits," said vice Foreign Minister He Yafei at a briefing on President Hu Jintao's schedule. Mexican President Felipe Calderon, as a coordinator of the +5 (China, India, Brazil, South Africa and Mexico), will chair the dialogue with G8 leaders in L'Aquila, central Italy. The summit will also discuss global challenges such as climate change, energy and food security, international trade... [read full story]                    

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