China will invest in Europe’s bailout funds and continue to hold euro assets, says PBOC governor...

|By:, SA News Editor

China will invest in Europe’s bailout funds and continue to hold euro assets, says PBOC governor Zhou Xiaochuan, echoing similar comments from Premier Wen Jiabao yesterday. While short on details, it's good news for European finmins, and could help stabilize the economy in China's largest export market.