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The United States and Europe should be more open to Chinese investment as they seek help in resolving crippling sovereign debt crises, China's state Xinhua news agency said Tuesday.
With more than $3 trillion in foreign currency reserves China, the world's second-largest economy, has emerged as a major player as Western nations seek buyers for their sovereign debt.
On Tuesday Xinhua said Beijing could "play a positive role in working out a solution to the current predicament" faced by the United States and some European countries in return for more openness to Chinese investment.