Financial Times FT.com

Weak dollar troubles Beijing

By Richard McGregor in Beijing

Published: March 18 2008 07:52 | Last updated: March 18 2008 16:04

China is “deeply worried” about the state of the US and global economies and about the impact from the continuing weakness of the dollar against other currencies, Wen Jiabao, the country’s premier, said on Tuesday.

Mr Wen, speaking at his annual news conference at the close of the National People’s Congress, said he was confident China would maintain “fast and steady” growth this year. But it could not avoid the impact of a downturn elsewhere.

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