Nov. 28 -- Dec. 4

President Hu urges writers, artists to produce "great works"

•	Chinese president urges writers, artists to produce "great works"
•	Hu Jintao meets military academy's Party representatives
•	China, U.S. sign five trade contracts
•	China, Japan pledge efforts to boost mutual trust
•	China trains high-level gov't spokesmen for emergency response

•	S&P downgrades Belgium's credit rating
•	Moody's downgrades Hungarian bond rating to junk
•	Euro debt crisis spreading to core countries: EU Commissioner
•	China starts investigation into U.S. support for renewable energy sector
•	EU proposes tighter control over eurozone national budgets