Eurozone representatives have met with Chinese officials to discuss the possibility of China investing in a fund to assist Eurozone countries facing high debt levels. No deal has been arranged as of yet according to latest reports and China has made it clear it expects iron-clad guarantees backing up any formal arrangement.
Klaus Regling, said he was “optimistic” that a “relationship” could be created that would see China investing in the Eurozone.
Source: BBC News
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.