"China would be interested in buying into a Eurobond backed by core euro zone countries and considers investment in bonds issued by heavily indebted European countries unrealistic, a senior official with China's $480 billion sovereign wealth fund said. Jin Liqun, chairman of the supervisory board of the China Investment Corporation (CIC), said until fundamental problems of fiscal, social and monetary policies in euro zone countries burdened by debt are solved, there could be no investment."
Tuesday, October 2, 2012
China Just Killed All "China Bails Out Europe" Rumors For Good
http://www.zerohedge.com/news/2012-10-02/china-just-killed-all-china-bails-out-europe-rumors-good
Labels:
bail out,
China,
Europe,
sovereign wealth fund
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