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China says hopes EU steps can stabilise markets
BEIJING Published in Saudi Press Agency on 09 - 12 - 2011

China's Foreign Ministry said on Friday it hoped measures decided by European Union leaders to seal a new fiscal pact ensuring tougher budget discipline would stabilise markets and boost confidence, according to Reuters.
China's confidence in the EU's ability to surmount the crisis "has not changed", ministry spokesman Hong Lei told a daily news briefing.

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