Trichet says China funding request is right thing to do


Jean-Claude Trichet, who will hand over the presidency of the European Central Bank to Mario Draghi on Tuesday, said on Monday that he thought asking China for financial support was the right thing for Europe to do.

In an interview with the BBC, Trichet denied it was embarrassing or humbling for Europe to have to ask for China's support.

He confessed his surprise at the step, however, saying: "Having participated in the meeting, I did not hear that Europe had planned to ask any other country to h

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