Economics
China Willing to Buy Debt-Crisis Nations’ Bonds, Zhang Says
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China is willing to buy euro bonds from countries involved in the sovereign debt crisis “within its capacity,” Zhang Xiaoqiang, vice chairman of the nation’s top economic planning agency, said today.
China is prepared to offer assistance, Zhang said at the World Economic Forum in Dalian in a reiteration of comments Premier Wen Jiabao made yesterday at the event. Zhang, who didn’t elaborate on China’s possible purchase of euro bonds, also made similar remarks yesterday in an interview with media, according to a transcript posted to the website of the National Development and Reform Commission.