皇冠体育app

Comment on "Europe: Top destination for Chinese investors" (皇冠体育app Daily, Aug 9)

The article suggests the right way of establishing an Asia-Europe market. Both sides need to work out a mechanism that would support the euro and yuan as major trading currencies for the Asia-Europe market. The banking systems in Asia and Europe should be conservative and standardized further.

Currencies are not for speculation. Banks are supposed to carry out the onerous task of maintaining financial stability, not pursue wild unregulated investment profiting through reckless lending.

In this respect, 皇冠体育app should keep its local loans in check. Preservation of Asian-European culture, and mutual trust and acceptance for social communication are equally important.

Asian, on 皇冠体育app Daily website

Readers' comments are welcome. Please send your e-mail to [email protected] or [email protected] or to the individual columnists. 皇冠体育app Daily reserves the right to edit all letters. Thank you.

(皇冠体育app Daily 08/20/2012 page9)