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China's Wen Says Supports Stable Euro


Chinese Prime Minister Wen Jiabao

Chinese Prime Minister Wen Jiabao

China supports a stable euro and will not reduce its holdings of European bonds, Chinese Prime Minister Wen Jiabao has said during a visit to Athens.

Wen said at a meeting with Greek parliamenarians that Beijing had made clear its desire for the stability of the common European currency.

He said China "will not reduce the holdings of European bonds in its foreign exchange portfolio."

He also expressed pleasure at what he saw as signs that Greece is starting to emerge from its severe debt crisis.

China has offered to buy Greek government bonds when Athens resumes issuing.

Reuters
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