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China Help for Europe Could Reach $100B, Li Daokui Tells Figaro

Nov. 3 (Bloomberg) -- China’s intervention in the European debt crisis could be worth as much as $100 billion, Li Daokui, an adviser to the People’s Bank of China, told French daily Le Figaro in an interview.

In exchange, China expects at the minimum a better understanding of its interests, Li Daokui told the newspaper. He added that he didn’t know whether subjects such as reducing pressure to revalue the yuan are being discussed.

Link to Company News:{2539Z GR <Equity> CN <GO>} Link to Company News:{PBCZ CH <Equity> CN <GO>}

To contact the editor responsible for this story: David Whitehouse at dwhitehouse1@bloomberg.net

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