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4/2/12

China confident in Italy economy

China's Prime Minister Wen Jiabao said on Saturday Italy could return to economic growth as long as it implements reforms, speaking at a Beijing meeting with Italian counterpart Mario Monti.

"The Italian economy has solid foundations and potential. It can deal with the unfavourable international context and, thanks to the implementation of reforms, boost growth," Wen said.

"Italy considers China as a strategic partner," Monti said. "We can find new forms of cooperation, not only in our bilateral relations but also in multilateral relations."

The widely-respected technocrat, who replaced Silvio Berlusconi as head of the eurozone's third largest economy, was visiting China as Europe continues to stagger under the weight of runaway sovereign debt, led by Greece.

For more: Sky News: China confident in Italy economy

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