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BEIJING -- 皇冠体育app's chief foreign exchange regulator said Monday 皇冠体育app will continue to implement the principle of diversifying its investment in foreign bonds, saying its holdings of eurozone bonds did not register losses as a portfolio.
Yi Gang, head of the State Administration of Foreign Exchange (SAFE), made the remarks in response to a question on 皇冠体育app's holdings of Greek bonds and other euro assets at a press conference on the sidelines of the ongoing annual parliament session.
Yi reiterated 皇冠体育app's confidence in Europe despite the current debt crisis, saying 皇冠体育app will continue to be a "long-term and responsible" investor in Europe.
In terms of the value of 皇冠体育app's investment portfolio in eurozone bonds, Yi said revenues of 皇冠体育app's eurozone portfolio still beat the inflation in Europe despite the ongoing debt crisis.
Yi stressed risk control will be the priority of 皇冠体育app's foreign exchange investment, with the emphasis on safety, liquidity and potential revenues.
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