In the wake of a handful of high-profile Chinese investments in companies such as Volvo and a constant barrage of headlines declaring the country’s economic rise, some Europeans might have the impression they are already being bought up by Beijing.
This impression will be reinforced by a proposal that would see China give a small chunk of its $3,200bn foreign exchange reserves to the International Monetary Fund to bail out
European banks or backstop sovereign debt in the eurozone.
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