Spanish PM: Hopes China to increase holdings of Spanish debt

Jing Chu Network news (Chu Tian Metropolis Daily) According to the 21st Century Economic report, August 31 two o'clock in the afternoon, Spanish Prime Minister Hose Louise Rodriguez Zapatero walked into the garden of the Spanish ambassador's mansion with a smile and shook hands with the reporters waiting there.　　Mr. Zapatero, who is visiting China, wants to find a way east to help Spain get out of the financial crisis.　　In the garden, the afternoon sun swept away last night's storm, but Spain's economy is still struggling in a crisis.　　Spain's economy grew 0.2% per cent in the second quarter of the year, at a slower pace than the European Union and eurozone as a whole, while unemployment climbed to 20.09% per cent in the second quarter, at a record high of 13 and nearly twice times the EU's average unemployment rate, according to statistics released August 13. Spain in crisis is eager for China. "The links between Spain and Asia, especially China, are a pillar of our growth," Mr Zapatero said.　　"In the one-hour press conference, when it comes to economic cooperation between the two countries, Mr Zapatero's face will always be filled with a smile of confidence." Mr Zapatero said 31st he hoped that Sino-Western trade would return to the era of rapid growth in 30%-40%, with particular hopes of expanding exports to China and reversing the imbalance between Chinese and western trade.　　He stressed to reporters that, despite the crisis, Spain is still ranked the world's eight or nine industrial power, competitive. While developing trade, Mr Zapatero also wants to attract more investment from China.　　In his view, Spain is full of economic potential. Encouraging China to buy Spanish debt is also appealing to Spain's government, which is mired in financial difficulties. China's State administration of foreign exchange bought about € 400 million of Spanish 10-year bonds in July this year. "China's overweight behavior has injected confidence into the market." Spain wants China to increase its holdings. ”