|BBC One Interview with H.E. Fu Ying, Chinese Ambassador to the UK:China Comes for Cooperation|
On Sunday 29 March 2009, Andrew Marr from BBC One had a face-to-face interview with Ambassador Fu Ying, who spoke on
Marr: Now the Chinese President also hasn't met President Obama, and that'll be another important meeting at this G20. The Chinese economy is so vast. Some observers have declared that only two countries really matter this week: Obama's
Well, the Chinese Ambassador to
Fu Ying: Good morning.
Fu Ying: Thank you.
Marr: Do you expect there to be a specific deal at the G20 when it comes to a fiscal boost for the world, something that we haven't heard before?
Fu Ying: Thank you for having me here, Andrew. The London Summit is very important. I'm sure the leaders who come here all have an objective to bring the summit a success and they are bound to have an agreement about how they speak in one voice to the world and how to tell the world that they are going to stimulate the economy, boost the market, restore the confidence, help people in difficult situations and continue to provide aid to the poor countries. Although they may not be able to fix the whole thing in one day, it still will be an important process in the global effort to tackle the crisis.
Marr: If there is one country in the world which has still got money, big amounts of money to spend if it chose to, it's
Fu Ying: I think that we in
And also there is a misunderstanding of the reserves in
Marr: So people shouldn't be looking for a big extra spending boost from
FU YING: For spending boost, I think the Government in
So the Government moved very fast to come up with a huge stimulus package of RMB 4,000 billion, most of which will go into infrastructure, rural development, public health, education, and ecologically-related projects. The Premier announced that he is ready to come up with more if we have to, which means we are running the largest fiscal deficit we've ever seen in 20 years.
Marr: Now you would like
FU YING: There are two parts of the question. On IMF,
Marr: So your voting power in effect, yeah?
Fu Ying: That's right. And we also announced the Vice Premier wrote an article to The Times that we will take an open attitude if the IMF is looking for alternative contributions, and maybe if IMF issues a bond we'll see how good it is and we'll see if we can contribute.
Marr: And on the dollar?
FU YING: Talking about the dollar, there has been a very interesting debate about the reserve currency and the replacement of it, and this topic has become very hot on the Chinese web at this moment too. But it has been a long debate in the world. There is nothing new. And
Marr: Sure. You face of course many questions about human rights in
Fu Ying: Andrew, I have to say that we in
Marr: That sounds like a no to me. Is it Ambassador?
FU YING: I think it's important that we have an equal dialogue on human rights and also acknowledgement and acceptance that
Marr: Ambassador, thank you very much indeed for joining us this morning.
Fu Ying: Thank you.