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Chinese premier pledges to help Spain's debt.Chinese premier pledges to help Spain's debt. During
a three-day visit from Spanish Prime Minister Jose Luis Rodriguez Zapatero, China's Premier
Wen Jiabao on Tuesday, April 12 stated that his nation would continue buying Spanish government
bonds to help avoid a bailout by funding the restructuring of her debt. This follows China's
purchase of €6 billion of Spain's public debt as promised in January. Prime Minister
Zapatero said, "China has shown itself to be a very good friend to Spain as we've confronted
the difficulties of the financial crisis, which fortunately are being solved."
Our appreciation and Heaven bless Your Excellency and China for your spirit of generosity toward
Spain. May the people of both your countries prosper in friendship and peace�