ECONOMY REPORT 2012.02.07 (21:30)

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[GREEK DEBT TALKS] Critical talks on a second bailout package between Greece and international creditors have been postponed. France and Germany urges Greek government to "assume responsibilities" and conclude talks on a second bailout package.[IMF ON CHINA'S ECONOMY] The International Monetary Fund says if the financial crisis in Europe worsens this year, the growth of the Chinese economy could be cut in nearly half. [US IMPOSES SANCTION ON IRAN] The U.S. President Barack Obama has ordered the freezing of Iran's property under U.S. jurisdiction.Hello and welcome to Economy Report, I'm Zhong Shi in Beijing.1.STORY: GLOBAL MARKETSPKGINTRO:Concern that Greece might not accept the terms of a proposed new bailout deal halted a rally in global shares on Monday and sent the euro lower, but risky assets remained resilient despite recent strong gains. PKG:U.S. stocks edged lower, tracking European equities, while a gauge of global shares hovered around break-even after four straight sessions
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Producer : Xinhua News Agency