China needs to see Europe debt plan: Experts

London - China cannot solve Europe's debt crisis by buying high risk bonds without seeing a clear resolution plan, the chairman of the board of supervisors at China Investment Corporation said.

"We in China are concerned about the unraveling of the situation in the (eurozone) region," Jin Liqun, who is also the chairman of China's sovereign wealth fund, said at The Economist's forum on High Growth Markets in London on Thursday.

As the eurozone sovereign debt crisis escalates, there are some people calling on major emerging countries to use their huge foreign-exchange reserves to purchase the debt of crisis-ravaged countries like Greece, Italy and Spain.