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Sovereign Wealth Funds Briefing - Categorized | Market, Reserve Currencies

China still doubtful over euro’s prospects

Posted on 09 January 2013

Chinese officials remain worried about the state of the euro, the visiting French finance minister said yesterday, while repeating assurances the eurozone has stabilized and that France is on track for recovery.
The questions on the euro came from Chinese Vice Premier Li Keqiang, as well as from Lou Jiwei, the head of sovereign wealth fund China Investment Corp, Pierre Moscovici said. CIC officials have said as recently as last month that they were not optimistic about the outlook for the debt crisis in the euro zone. China has picked up infrastructure assets in Europe but has been more cautious about bond purchases especially from the more troubled euro zone members………………………………………..Full Article: Source


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