China is unlikely to provide lots of money suddenly to the European Financial Stability Facility, the euro zone's bailout fund, although China needs euro-denominated assets to diversify its foreign exchange portfolio, Tony Stringer, global head of sovereign ratings for Fitch, said Wednesday. China would potentially be putting itself at risk if it committed a large amount of money to the bailout fund, and China may suffer losses on the investment if the bailout fund is downgraded, Stringer said on the sidelines of a forum in Beijing. Chinese Premier Wen Jiabao said last week China is considering deeper involvement in ... (full story)