Yuan can boost stability in Eurasia

Partnership with Europe could create economic engine to trigger growth, bank chairman says

A top Chinese banker has expressed deep concerns about the worsening debt crisis in Greece and the unstable exchange rate of the euro, as China quickens its pace of cooperation with European partners.

"Recently, the Greek debt crisis and the unstable exchange rate of the euro have raised our concern again," Tian Guoli, chairman of Bank of China, said during an interview ahead of Premier Li Keqiang's European tour. "We sincerely hope the euro, as well as the financial markets in Europe, can be stabilized."