The head of the eurozone bailout fund has revealed that China could invest in a scheme to aid countries facing debt crises.
Speaking after talks with Chinese leaders, Klaus Regling, chief executive of the European Financial Stability Facility (EFSF), told AFP that he was "optimistic that [the eurozone] will have a longer term relationship" with China. He did, however, deny that any concrete deal had already been put in place.
It has been speculated that China could pay around €70 billion into the fund, which is expected to be boosted to €1 trillion in the wake of talks earlier this week.
Mr Regling noted that the opportunity to buy bonds in the bailout fund could represent a useful commercial investment to China, since Beijing regularly needs to find secure investments for its trade surpluses.