Never compromising when facing the pressure from U.S.
"We are opposed to the position of engaging in mutual finger-pointing or taking strong measures to force other countries to adjust exchange rates," Premier Wen Jiabao said in a more than two-hour news conference. He took on critics in the West who say Chinese policies lift China while keeping global growth anemic. He defended China's currency against charges that it is undervalued to boost Chinese exports. He promised that Beijing would import more and urged countries to resist protectionism, saying one country should not seek to disadvantage others during the fragile economic recovery.