Friday, October 28, 2011

Google News: China Is Asked for Investment in Euro Rescue

Google News

PARIS — A day after European leaders unveiled their latest plan to save the euro, top officials opened talks with China in an effort to lure tens of billions of dollars in additional cash, giving China perhaps its biggest opportunity yet to exercise financial clout in the Western world. Multimedia Interactive Feature Tracking Europe's Debt Crisis Connect With Us on Twitter Follow @nytimesworld for international breaking news and headlines. Readers' Comments Share your thoughts. Post a Comment » Read All Comments (15) » China is expected to demand significant concessions, including financial guarantees and limits on what Beijing sees as discriminatory trade policies, in exchange for any investment in an Europe's emergency stability fund. The head of the rescue fund, Klaus Regling, got a cautious reply from Chinese officials Friday during a visit to Beijing, where he said he did not expect to reach an investment deal with China anytime soon.




New York Tim - ‎13 minutes ago‎



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