The Head of China’s sovereign wealth fund seems disappointed by the Europeans23 June, 2012, 19:30. Posted by Zarathustra
Tags: Euro Crisis
Jin Liqun, the Chairman of the Board of Supervisors for the China Investment Corporation, a.k.a. the sovereign wealth fund of China, apparently thought that because Europeans are lazy, that they are not really that interested in buying into EFSF or whatever bizarre things Europeans are coming up with.
He talked to the Economist recently, and said he is somewhat disappointed because the Europeans don’t seem to know what to do with the debt crisis. In his own words, he said:
“We in China follow very closely what’s happening in the European countries, and we are very much concerned over the European debt crisis. I do hope that Eurozone members can work out their debt problem as soon as possible. It’s a bit disappointing, because they don’t seem to have a masterplan to deal with the debt crisis”
Other then that, he talks bout the “intentional” slowing down of the Chinese economy, exporting capital from China to other countries, and other things which are not worth listening to.