Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

China silent about Portugual's debt

Nikhil Kumar
Monday 08 November 2010 01:00 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

President Hu Jintao remained silent on China's stance on Portuguese debt yesterday, dashing hopes of a promise to invest in the southern European country's bonds.

"We are willing to take concrete measures to help Portugal to cope with the global financial crisis," he said after a meeting with Prime Minister Jose Socrates in Lisbon. Mr Hu did not elaborate on the measures, however.

Last month, the Chinese Premier Wen Jiabao promised to support Greek bonds when the country returns to the markets.

Although Lisbon continues to sell its bonds on the financial markets, Portugal, which is working to slash its budget deficit, had hoped to win similar backing for its debt.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in