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Thursday, September 06, 2001, updated at 21:52(GMT+8)
Business  

Overseas Media at AFMM Interested in Microeconomic Situation

Journalists assigned to cover the upcoming APEC Finance Ministers Meeting (AFMM) expressed interest in getting messages from the powerful hands in fiscal policy making and hearing their solutions to the global economic slowdown.

How to inspire the sluggish world economy and to deal with fluctuations in the exchange rates are the focal points of all overseas media. Reuters, one of the world's top four wire services, dispatched nine reporters stationed in the United States, Thailand and Beijing, China, to cover the meeting.

Reuters journalist Brian Rhoads said that the world economy has witnessed a slowdown and the U.S. and some Asian countries are haunted by economic difficulties. Therefore it is important to strengthen regional cooperation to tackle the problems. He said he hopes that the AFMM will inject energy into the world economic development.

The Japanese media, the second largest press corps besides the Chinese team, placed great hope on the AFMM because of the recent uncertainty in the exchange rate between the yen and the U.S. dollar. Seventy four reporters from 17 Japanese media have registered to cover the meeting.

One Japanese reporter said that he hopes the AFMM, an influential economic forum, could play its due part in stabilizing the currencies so as to improve Japan's economic development.

Alan Yonan, a reporter for the Dow Jones Newswire, flew to Suzhou from Singapore for the event. He said that the AFMM will make preparations for the APEC Economic Leaders' Meeting, to be held in Shanghai this October. He anticipated that the event would achieve substantial results and resolve certain problems.

Over 400 journalists from 145 Chinese and overseas media organizations have registered to cover the two-day AFMM, due to start Saturday.







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Journalists assigned to cover the upcoming APEC Finance Ministers Meeting (AFMM) expressed interest in getting messages from the powerful hands in fiscal policy making and hearing their solutions to the global economic slowdown.

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