G20 to invest in developing countries' infrastructure

countries on Wednesday agreed to give priority to investment in infrastructure in developing countries as a way to stimulate global growth which has been stunted because of the faltering world economy and the Eurozone crisis."We will intensify our efforts to create a more conducive environment for development, including supporting infrastructure investment," said a 14-page declaration released at the...

China media: China at G20 summit

Some papers criticised the US for an insufficient contribution to the IMF, as China pledged fundsfocus on the "constructive role" China is playing at the summit, with President Hu Jintao urging world leaders to support to the debt-ridden eurozone.Mr Hu also said developing countries should be given more say in world affairs, reports thesays while China is contributing "10%" of the required funds, the...

G-20 agrees to invest in infrastructure in developing countries

success for India, the G-20 countries on Wednesday agreed to give priority to investment in infrastructure in developing countries as a way to stimulate global growth which has been stunted due to the faltering world economy and the Eurozone crisis."We will intensify our efforts to create a more conducive environment for development, including supporting infrastructure investment," said a 14-page ...