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If Europe experiences a crack up, I wonder how the Chinese people will feel about their national wealth spent this way…

“We have confidence in the European financial market, and, in particular, the Spanish financial market, which has meant the purchase of its public debt, something which we will continue to do in the future,” Li Keqiang wrote in El Pais, Spain’s largest circulating general newspaper, on the eve of a visit to Spain that will start Tuesday.”China supports the measures taken by Spain to achieve an economic and financial adjustment, in the firm belief that it will obtain a complete economic recovery,” Li said in the editorial. “The Chinese side is willing to explore with its Spanish counterpart any positive and effective cooperation possibilities.”

WSJ