Specifically he called for more spending on the part of the Chinese.

FORBES: The Fed chairman has no idea what he's talking about.

Last year, World Bank chief Bob Zoellick called for a return to the gold standard, while Chinese officials have been calling on the US to fix its finances so as to correct global imbalances.

FORBES: Central Banks Dump Treasuries As Dollar's Reserve Currency Status Fades

China "has called on North Korea to handle this matter in a speedy fashion and make all efforts to guarantee the legal rights of Chinese fishermen as well as their property and personal safety, " Mr. Hong said.

WSJ: China Urges North Korea to Free Fishermen