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Wang: 'The euro zone crisis has not entirely played out and asset prices are very volatile. They haven't found their floor' (Photo: Stefan)

China looking to snap up EU factories, railways

China is looking to buy EU factories and railways instead of wobbly government bonds as prices fall amid the eurozone crisis.

Minister of commerce Chen Deming articulated the strategy at a business congress in China on Monday (28 November).

"Next year, we will send a delegation for promoting trade and investment to the European countries ... Some European countries are facing a debt crisis and hope to convert their assets to cash and would like foreign capital to acquire their en...

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Wang: 'The euro zone crisis has not entirely played out and asset prices are very volatile. They haven't found their floor' (Photo: Stefan)

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