the risk of external debt

That is because, in five pigs Germany save at the same time, it is to save himself in Germany. Once finished five pigs, euro wood, Germany has the strike, could be far greater than the now of the price. Indeed, China is not Germany. European collapsed, the impact to China, definitely not to influence of Germany so big. But, China, and there is no need to like Germany, which pay? Big energy to help European five pigs ah. As long as the Chinese to take out 1-200 billion dollars, buy the European debt, or the purchase price in the bottom of a valley several European big bank's shares, the European Union's contribution, can immediately reflected. And 1-200 billion us dollars, China is to a very small number. China last year for the eu's trade surplus of 100 billion dollars a giant! 70% of China's foreign exchange reserves is dollars, also has purchased more than $1 trillion in U.S. Treasury bonds. Dollar depreciate significantly, already bring to China great loss. China this time, is to tap their foreign exchange reserves and buy the risk of external debt. But this time, buy the European debt, not only high return, and, to the European people, is like a nice surprise, will let people in Europe Chinese, sit up and take notice.
More important, the European Union is China's largest trading partner, and is needed for China's high technology, the major source of China can be used to restrict the United States is the biggest and the most effective international political power. The European Union recovery, favorable Chinese exports, helps the Chinese technology progress, be helpful for the sustainable development of China's economy. In China help achieve eu economic recovery, the benefits of China, is not the limit in the economic field, but of the China international status, the national fame, immeasurable international strategic significance. This time China in indecisive, not only is timid performance, is a mean performance, more deadly, will lose a chance can be repeated.