Europe 'is able to deal with debt crisis'

LONDON - China has confidence in both the European economy and the euro and supports the euro zone's efforts to tackle its debt crisis, Vice-Premier Wang Qishan said on Thursday at the Fourth China-UK Economic and Financial Dialogue.

Wang made the remarks as he co-chaired the dialogue with British Chancellor of the Exchequer George Osborne.

After the dialogue, China and the UK signed two memorandums of understanding on infrastructure and energy cooperation.