Govt waits for clarity on EU bailout fund

BEIJING - Senior Chinese officials said on Friday that the country would not inject more capital into the EU's bailout fund before more rescue details have emerged.

However, the country will keep an open mind toward all discussions on further investment into the European Financial Stability Facility, said Zhu Guangyao, Chinese vice-finance minister, at a news conference in Beijing on Friday.

"China has already invested in the fund, and additional contributions are still under discussion," said Zhu.