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5Feb/120

Wen: China has stake in helping Europe

China has a stake in helping the eurozone countries get through their debt crisis, Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as an export market and as a source of technology. "Now Europe is facing a debt crisis and we must consider relations with Europe strategically to protect our national interests," Mr Wen said while visiting Guangdong province, Xinhua news agency reported. "On the one hand, our biggest export market is Europe," said Mr Wen. "On the other hand, Europe is our biggest source for importing technology. From this perspective, helping to stabilise European markets in fact amounts to helping ourselves. We must make all quarters of society understand this point." During German Chancellor Angela Merkel's recent visit to China, Mr Wen said Beijing was considering increasing its participation in rescue funds to address the European debt crisis.

rthk.hk - Finance News

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