China remains confident in Europe and is willing to keep investing in the euro zone, foreign minister Yang Jiechi told a news conference yesterday during the annual meeting of China’s parliament, the National People’s Congress.
“The euro zone has encountered quite a lot of difficulties, but we believe Europe and the euro zone have the capability and wisdom to overcome the temporary difficulties, tackle the debt problems and achieve new development,” Mr Yang told a news conference during the legislative gathering.
Mr Yang’s upbeat comments reflect the positive view of ties with Europe since the visit to Ireland last month by vice-president Xi Jinping, heir-apparent to president Hu Jintao. The trip also included visits to Turkey and the United States.
“We have been supporting the stability of the euro and European finance in our own ways. We are willing to continue to invest in Europe for mutual benefits and win-win results,” he said.
The EU is China’s largest export market and it wants to ensure stability to help keep growth on track.
For more: China investment in Europe a 'win-win' situation - The Irish Times - Wed, Mar 07, 2012
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