Events: Li Keqiang, to 7.5 billion dollars for a shot to the EU launched a new offensive in China (Mainland)
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Vice Premier Li Keqiang 5 Spanish entrepreneurs in China, when addressing a breakfast meeting, said the two sides will sign a total of West 75 billion in government agreements and commercial contracts.
Chinese Vice Premier Li Keqiang promises, although the euro zone sovereign debt crisis is not resolved, China will buy more Spanish bonds.
Li's commitment is to visit Spain, Germany and the UK made shortly before. This is the financial weakness of the euro area peripheral countries, the latest example of a diplomatic offensive.
Li Keqiang on Monday in the Spanish "El Pais", wrote that "China is the European financial markets and financial markets of Spain and responsible long-term investors, we have confidence in the financial markets in Spain, we have purchased the Spanish treasury bonds will continue to buy. "
Visit beginning on Tuesday, Li will meet with Spanish Prime Minister Jose Luis Rodriguez Zapatero and King Juan Carlos of Spain unitary. Talks expected to focus on trade and investment relations, Li promised that China will give Spain a "huge business opportunities."
Chinese leaders have promised to Greece and Portugal to support the bond market. IO January 2010, shortly before the Chinese leaders to visit Portugal - bit senior Chinese official said during a state visit to China, always on the purchase of bonds "to be positive and active consideration."
China yesterday committed to support the troubled financial system, Spain and the Spanish sovereign bonds to buy more. Spain in the international bond market faces increasing pressure as investors worried that it might be forced to step followed the Greek or Irish to accept the EU's assistance.
First half of 2010, the euro zone's fourth largest economy has just emerged from a deep recession, but stalled again in the third quarter.
Chinese Vice Premier Li Keqiang, the above statement published in today's Spanish "El Pais", he started from the 4th three-day visit to Spain and then will also visit Germany and the UK.
There are no bonds on the Chinese hold the Spanish official figures, but Li said that Beijing's support for Spain's austerity measures and structural reforms, "China's support for Spain's economic adjustment measures, and firmly believe that Spain will achieve the overall economic recovery."
Spain and Portugal were repaired with Beijing, as they can find a buyer for the national debt has been their ability to withstand the requirements of EU aid its acceptance as a test market pressures. Spanish Prime Minister will travel to Beijing this month to persuade Beijing to increase investment in the Spanish program.
July 2010, China bought 400 million euros in one fell swoop (1 euro about 8.83 yuan - this site Note) lO teeth four times a year bonds, Spanish Prime Minister Jose Luis Rodriguez Zapatero expressed his thanks. He said: "China's holdings of the Spanish government bonds to boost confidence in financial markets."
Observers said that the question arises: Beijing hopes to get aid operation in Madrid return? It was reported that Spain had a secret operation to overthrow the 21-year implementation of the EU arms embargo. In 20I0 he became a 6-month EU presidency, the Spanish had tried to cancel the implementation since 1989, the EU arms embargo on China. European embassies in Washington to mobilize to help China's efforts to undermine the Spanish, the project finally failed to get enough support.
Spanish government spokesman declined to Comment perish. |
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