CIC Chairman Jin Says Greek Debt Crisis Shouldn't Worsen After EU Plan
By Bloomberg News -
2010-05-21T02:57:58Z
The Greek debt crisis shouldn’t worsen after the introduction of the European Union’s rescue plan, Jin Liqun, China Investment Corp.’s supervisory chairman, told reporters at a forum in Beijing today.
Europe’s debt crisis has had a “relatively big” impact on developing nations, Jin said. China’s sovereign wealth fund said last year it had $110 billion for overseas investments.
Developed nations need to “seriously think” about their monetary and fiscal policies, Jin said.
To contact the reporter on this story: Dingmin Zhang in Beijing at dzhang14@bloomberg.net
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