China Pension Chief Says Euro Will Survive Debt Crisis, Reuters Reports

The euro will survive Europe’s debt crisis, the head of China’s national pension fund said, according to a report by Reuters.

Dai Xianglong, chairman of the National Council for Social Security Fund, also said China faces the risk of losses on its currency reserves because of growing debt in the U.S., according to the report.

To contact the reporter on this story: Rocky Swift in Tokyo at rswift5@bloomberg.net

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