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People's Daily Online>>Foreign Affairs

Chinese VP says China supports stability of euro

By Xinhua writers Wu Liming, Qian Tong, Xiong Sihao (Xinhua)

10:41, February 20, 2012

Chinese Vice President Xi Jinping holds talks with Irish Prime Minister Enda Kenny in Dublin, Ireland, Feb. 19, 2012. (Xinhua/Lan Hongguang)

DUBLIN, Feb. 19 (Xinhua) -- Visiting Chinese Vice President Xi Jinping on Sunday pledged support for the euro and called for better China-Ireland and China-Europe ties.

China supports the stability of the euro and the eurozone, Xi told Irish Prime Minister Enda Kenny in their talks held at the renowned Dublin Castle on Sunday evening.

China attaches importance to the status of the euro, and is optimistic about the prospect of the single European currency, he said.

"We believe, the European Union (EU) has the ability, wisdom and solution to push forward relevant reforms and adjust itself to overcome the current difficulties."

"China will continue to support, in its own way, the efforts of the EU, the European Central Bank and the International Monetary Fund in resolving sovereign debt crisis in Europe," he added.

China is concerned about the development of the debt problem in Europe, which is China's biggest export market. A stable euro is good for China.

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helen at 2012-02-20203.82.92.*
Excellent move in the face of Euro attacks by the United States and its fifth column in the EU - the United Kingdom.The US and its piggy-backing UK would love to preserve the Weimar US$ as the World Reserve Currency and undermining the Euro is just one of many vile steps. The World of Nations have enough of this joke - the US$.

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