From overseas press
Italy asks China to buy its bonds
Updated: 2011-09-14 11:45
(Agencies)
Italy has asked China to make "significant" purchases of Italian debt, the Financial Times reported on its website on Monday.
Italian officials told the FT that Lou Jiwei, chairman of China Investment Corp, headed up a delegation to Rome last week to meet with Giulio Tremonti, finance minister, and Italy's Cassa Depositi e Prestiti.
Two weeks ago Italian officials were in Beijing to meet CIC and China's State Administration of Foreign Exchange (Safe), which manages the bulk of China's foreign exchange reserves, the FT said.
E-paper
Pearl paradise
Dreams of a 'crazy' man turned out to be a real pearler for city
Literary beacon
Venice of china
Up to the mark
Specials
Power of profit
Western companies can learn from management practices of firms in emerging economies
Test of character
Keyboard-dependent Chinese are returning to school because they have forgotten how to write
Foreign-friendly skies
About a year ago, 48-year-old Roy Weinberg gave up his job with US Airways, moved to Shanghai and became a captain for China's Spring Airlines.