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China Confidential - Premium Investment Insight

Best of Chinese Commentators

09 February 2012

Premier Wen Jiabao said last week that China was considering “involving itself more deeply” in resolving the eurozone crisis through channels like the European Financial Stability Facility (ESFS) and the European Stability Mechanism (ESM), a $650bn permanent bailout fund that replaces the ESFS in July. But how willing is Beijing to pledge its money in this way and how confident is it that the EU can really put its house in order (thereby safeguarding Beijing’s investments)?


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