 Greece's debt troubles have become the topic that is dominating the G20 summit that opened Thursday.
Greece's debt troubles have become the topic that is dominating the G20 summit that opened Thursday.
While EU leaders continue to look for a way to prevent the debt emergency from spreading, jobs are becoming harder to come by.
As the world looks at China ahead of the G20 summit in Cannes, France, the country's private sector is going through a hard time.
The EU and its member states should revise their regulations to ensure investments and bond purchases that China and other countries make are safe and can be returned.
China so far has no concrete plan of investing in the European Financial Stability Facility (EFSF), the euro zone's stopgap bailout fund.
Foreign Ministry spokesman Hong Lei said on Wednesday that China hopes the European Union will use positive measures to combat Europe's sovereign debt problems.
 China has confidence in Europe overcoming its present difficulties, President Hu Jintao said ahead of a key global summit which will focus on the eurozone debt crisis. Low carbon mission helps build bridges
China has confidence in Europe overcoming its present difficulties, President Hu Jintao said ahead of a key global summit which will focus on the eurozone debt crisis. Low carbon mission helps build bridges
 The leaders of France and Germany scrambled to limit damage after Prime Minister George Papandreou decided to let Greeks vote on a bailout package.
The leaders of France and Germany scrambled to limit damage after Prime Minister George Papandreou decided to let Greeks vote on a bailout package.
 Talks with Chinese officials were "productive", the head of the eurozone's bailout fund said Saturday.
Talks with Chinese officials were "productive", the head of the eurozone's bailout fund said Saturday.
 At least nine out 10 banks are likely to accept a 50 percent discount on their Greek debt holdings, the managing director of the Institute of International Finance (IIF) was quoted as saying by a German newspaper.
At least nine out 10 banks are likely to accept a 50 percent discount on their Greek debt holdings, the managing director of the Institute of International Finance (IIF) was quoted as saying by a German newspaper.
The European debt plan is "conducive to lifting market confidence" and China supported the measures, China's foreign ministry said.
With the European Union (EU) grappling with its worst financial crisis since the eurozone was set up, China has unequivocally conveyed its readiness to enhance cooperation with the debt-ridden bloc in a "win-win" manner.
 
 
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