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China is willing to continue investing in European Union government bonds on condition of fully evaluating the risks, China Premier Wen Jiabao said Thursday. China will enhance communication and consultations with EU, European Central Bank, relevant monetary funds and major countries to support the debt-ridden EU members to ride out the hardships.
Wen made the remarks when meeting the press after co-chairing the second round of Chinese-German intergovernmental consultations with the visiting Germany Chancellor Angela Merkel. China hopes EU could find a balance between fiscal austerity and economic stimulus, which is the fundamental way-out to the crisis, Wen said.
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Source: http://www.eurotribune.eu/index.default.php/?p=30119
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