- The FT reported this week that Italian officials had met with managers of the reserves and proposed significant increases of Chinese purchases of Italian bonds, as well as a number of direct investments in Italian industry.
But there has been no indication that Beijing is willing to step in as the buyer of last resort for unwanted Italian debt or even make the kinds of positive comments Chinese leaders have made about Greek, Portuguese and Spanish debt over the last year.
http://www.ft.com/intl/cms/s/0/b234ad8a ... z1XvBvZUKK
