Chinese investors are showing interest in the European Stability Mechanism, the latest European bailout fund, a top European Union official said on Monday.
Meanwhile, a Chinese central bank official has pledged that the country will remain confident about the future of the euro.
The remarks came weeks after the EU officially adopted the first permanent weapon it will use against the severe financial troubles that have beset the region in the last four years.
During a recent road show to China, the fledging 500 billion euro ($650 billion) fund garnered investment interest from China’s four main State-owned banks, from financial institutions and from large State-owned enterprises, according to Marco Buti, director-general for economic and financial affairs at the European Commission, the EU’s executive body.
“Based on the experience of the fund’s predecessor, the European Financial Stability Facility, we are confident about issuing these bonds, as we had no problem (selling them) even during more difficult periods,” he said.
The road show team was led by top European officials, including the head of the European Stability Mechanism, and formed by the European Union and a German bank. While the Chinese government was not directly involved in organizing the team, some of the participants in it deal regularly with the People’s Bank of China, the country’s central bank, on issues related to foreign exchange.

Edited by: Zhang Jia Gang Great Machinery Co.,Ltd.
Website: Http://
Contacter: Mrs.Cathleen Yu Mobile:0086-13701568855
E-mail: [email protected]