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28 Sep, 2011

China needs caution in expanding economic presence in Europe – People’s Daily Online

China has to be cautious while expanding in Europe

Emotionally, China is willing to give a hand to the European countries in difficulties. However, practically, China has to comprehensively consider many factors including the investment return, security, risk and national interests and therefore has be cautious while expanding in Europe.

China certainly can buy some European government bonds, but needs to follow the principle of equality and mutual benefit while investing in government bonds. China will be more willing to buy European government bonds if they offer a higher yield than other investment products of the same kind.

via China needs caution in expanding economic presence in Europe – People’s Daily Online.