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China an active supporter to European crisis settlement: Vice FM


10:54, December 11, 2011

VIENNA, Dec. 10 (Xinhua) -- China is one of the active supporters of the international community to European crisis settlement, Chinese Vice Foreign Minister Fu Ying said here on Saturday.

Attending the fourth World Policy Conference, she voiced the hope that Europe could expand the mutually beneficial cooperation between Europe and China, and create a favorite condition for attracting investment from developing countries including China.

In the afternoon, Fu attended a seminar with the topic of "Europe as a laboratory for global governance" and answered questions from the attendants.

Asked if China and other BRICS countries should "rescue" Europe or not, she said that the word "rescue" often used by the European media could be misleading.

She said that as the world's largest economy, the European Union (EU) has strong real economy and much higher living standard than developing countries. Europe does not need a "savior" but international partners with a win-win relationship.

Currently, Europe is facing severe challenges such as the debt crisis and is actively seeking solutions. The EU is China's largest trading partner and one of the main sources of technology and investments. The settlement of crisis in Europe is closely related with not only the world but also China.

China has been expressing its confidence in the European economy and the euro, believing that Europe is able to find out solutions to the problems, she said.

She also pointed out that the current financial cooperation between Europe and China was mentioned in the same breath with the European financial expansion in Asia in the early 20th century by some European media, which was really a tale of a tub.

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Ole Olesen Europe at 2011-12-1187.228.216.*
Revival of THE SILK ROAD .. BOTH WAYS ... i suggest that CHINA - RUSSIA and EUROPE investigate the viability of re-vitalizing the SILK ROAD .. HIGH SPEED QUALITY TRAIN CONNECTIONS FROM Europe VIA Russia TO China .. for TRANSPORT of GOODS as well as for Transport of People . Such an undertaking would cement a hopefully longstanding mutually beneficial cooperation between the nations in question

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