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CIC: not so keen on eurozone aid

On a crucial day for the eurozone crisis, a top Chinese official visiting Europe hasn’t missed an opportunity to give EU leaders a stern lecture.

Speaking in London on Thursday, Jin Liqun, chairman of CIC, China’s sovereign wealth fund, indicated that China couldn’t ride to the rescue by buying high-risk bonds unless there was a clear resolution plan.

“We in China are concerned about the unravelling of the situation in the (euro) region,” Jin told an Economist magazine conference.

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