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Remarks alleging China not keeping promise to invest in Spanish government bonds "groundless": FM spokesman

04-22-2011 10:11 BJT

BEIJING, April 21 (Xinhua) -- The remarks alleging China has not kept its promise to invest in Spanish government bonds were "groundless", a foreign ministry spokesman said Thursday.

On April 12, Chinese Premier Wen Jiabao told visiting Spanish Prime Minister Jose Luis Rodriguez Zapatero that China would like to continue to buy Spain's government debts and play a part in supporting the Spanish savings bank restructuring bond, Chinese FM Spokesman Hong Lei said at a regular news briefing.

"As a responsible and long-term investor in the European financial market, China supports the bail-out measures by the EU and International Monetary Fund and believes that Europe will overcome the impact of the financial crisis," Hong said.

"Chinese investment institutions have been conducting financial portfolio investments in Spain. Relevant departments of China are in contact with their Spanish counterparts, discussing investment opportunities such as supporting the restructuring of Spain's savings banks," Hong said.


Editor:Yang Jie |Source: Xinhua

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