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Chinese premier to visit Hungary

Chinese Premier Wen Jiabao will pay official visits to Hungary, Britain and Germany from June 24 to 28 to discuss bilateral relations as well as EU-China developments.

Following the invitation of Hungarian Prime Minister Orban Viktor, British Prime Minister David Cameron and German Chancellor Angela Merkel, Wen has scheduled official visits to the three countries between June 24-28

According to Foreign Ministry spokesman Hong Lei, the main topics of discussion will be bilateral relations, China-EU relations and international and regional issues of common concern.

Prior to the visit, a senior diplomat stressed that China's interests in the region could suffer if Europe does not resolve its debt crisis, an important aspect of EU-China relations considering that an estimated quarter of China's $3.05 trillion foreign reserves are in euro-denominated assets.

Since euro zone debt concerns first appeared, Chinese officials continuously re-assured Europe in its confidence in the single-currency region as well as pledged to buy debt issued by some of its member states.