China central banker backs euro, vows more support
From google.com
China's top central banker on Wednesday expressed confidence in the euro and pledged to continue buying European sovereign debt, as the Asian giant seeks to shore up support for its biggest trading partner. Central bank governor Zhou Xiaochuan also repeated remarks by Premier Wen Jiabao that China was ready to get more involved in efforts to resolve the eurozone debt crisis, which is hurting demand for its exports. "As Premier Wen Jiabao said yesterday at the China-EU summit, China will... continue to invest in European government bonds and will continue... to get more involved in solving the European debt ...
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