Interviewer: Today there is a report from some foreign new agencies that "the SAFE is currently assessing the Euro bonds it holds." What is your comment on this?
Official with the SAFE:
The report is totally groundless.
China has been firmly supporting the process of integration in Europe. We support the package of financial stability measures currently being implemented by the EU and the IMF. We believe that with collaborative efforts by the international community, the Euro zone will be able to overcome its difficulties and continue to maintain stable and sound development of European financial markets.
As a responsible long-term investor in foreign exchange reserves, China has always upheld the principle of diversification in making investments. The European market has been and will continue to be one of the most important markets for China's foreign exchange reserve investments.