16.02.2012 - Assets, not bonds, are China’s preferred route
China is more interested in buying European assets than using its sovereign wealth fund to buy bonds in EU countries, despite vague promises made yesterday by premier Wen Jiabao at a meeting in Beijing with European Council president Herman Van Rompuy and European Commission president Jose Manuel Barroso. Wen said: “China is ready to increase its participation in resolving the European debt problems. We are willing to conduct close communication and co-operation with the EU.”..............................................Full Article: Source
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