27.06.2011 - China sovereign fund official confident in euro

China's purchase of euros will be a long-term strategy and will not swing on short-term problems, the Hong Kong head of China's $300 billion sovereign wealth fund said on Sunday. "There is noting to be worried about. The euro will not fall apart," Laurence Lau, chaiman of the Hong Kong office of China Investment Corp, told reporters on the sidelines of a forum in Beijing...............................................Full Article: Source

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