Wen says China has no intention to 'buy Europe' | Bangkok Post: news

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Wen says China has no intention to 'buy Europe'

China's Premier Wen Jiabao said Friday the Asian giant had neither the ability nor the intention to "buy Europe", amid concerns over growing Chinese investment in debt-stricken eurozone economies.

German Chancellor Angela Merkel (L) chats with Chinese Premier Wen Jiabao during their visit to the Herrenknecht Tunnelling Equipment Co Ltd plant in Guangzhou, southern China, on February 3. Wen said Friday China had neither the ability nor the intention to "buy Europe", amid concerns over growing Chinese investment in debt-stricken eurozone economies.

China is "willing to cooperate with Europe to fight the current crisis. Some people say this means China wants to buy Europe", Wen told a German-China business forum in the southern city of Guangzhou.

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Writer: AFP News agency
Position: Agence France-Presse

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