Global Politics

China Flexing its Economic Muscle

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DALIAN/CHINA, 14SEP11 - Wen Jiabao, Premier of the People's Republic of China, speaks at the opening plenary session of the Annual Meeting of the New Champions in Dalian, China, September 14, 2011. Copyright <a href="http://www.weforum.org">World Economic Forum</a> (<a href="http://www.weforum.org">www.weforum.org</a>)/Adam Dean

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Adam Dean

China is hosting the summer session of the World Economic Forum in northeastern city of Dalian. Chinese premier Wen Jiabo told western countries to sort out their debt problems.

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Speaking at the world economic forum, he said China was willing to help by investing in Europe — but he stressed that countries needed to take responsibility for cutting deficits to stop the crisis spreading further.

Anchor Lisa Mullins gets the latest from the summit from The World's Mary Kay Magistad.