Saturday, November 17, 2007

China

Costa Rica praises China for being most successful economy worldwide
Source: Xinhuanet | 11-01-2007 15:41

SAN JOSE, Oct. 31 (Xinhua) -- Costa Rican President Oscar Arias Wednesday praised China for being the most successful economy worldwide in the past 25 years.

"China is simply impressing because its economy is aimed at investing and generating higher quality job sources every day and that is what makes China the most successful economy worldwide in the past 25 years," Arias said.

Praising China for its economic growth, Arias said he feels "very happy" for establishing relations with China.

Arias made his first official visit to China on Oct. 22-28, during which he inaugurated Costa Rica's embassy in Beijing and held meetings with Chinese leaders.

"Costa Rica established good relations with Chinese leaders during my visit to China," Arias said. "I feel very happy for having opened diplomatic relations with China, (and) I believe we did not make a mistake."

He noted that China has relieved 300 million people from poverty in recent years and it maintained an economic growth rate of over 11 percent, therefore making it a successful economy.

The president said he hopes that once the Free Trade Agreement (FTA) with the United States is approved in Costa Rica's Legislative Assembly, China will carry out important investments in the country to boost its exports to the United States.

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