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Why China Wants a Strong Euro as Greece Teeters
Chinese investment is pouring into Europe. It's one reason why Premier Li Keqiang, during a visit to Brussels this week, called for a strong euro and united Europe as the region grapples with the latest chapter in the Greek debt saga. From Cyprus to Sweden and almost most everywhere in between, Chinese companies are buying European assets like never before. Europe is increasingly popular for China's corporate titans as they shift from buying in resource-rich developing countries to advanced economies. Here are the numbers: Annual investment by Chinese companies into European Union member states has surged from around ... (full story)