SHARM EL-SHEIK, Egypt: Chinese premier Wen Jiabao said on Sunday he was encouraged by signs of an economic recovery in the United States, but hoped it would keep its budget deficit to an "appropriate size" to stabilise the US dollar exchange rate. "We follow very closely China's holdings of US assets, because that is a very important part of our national wealth" Wen told a media conference at the Egyptian resort town of Sharm el-Sheikh, where he is attending a China-Africa cooperation summit.
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