Oct. 3 (Bloomberg) -- China supports a stable euro and wonât reduce its holdings of European bonds, underlining its strengthening ties with the European Union, Premier Wen Jiabao told Greek lawmakers in Athens. âFrom the outbreak of the sovereign debt crisis in certain European countries at the start of this year, I have repeatedly voiced Chinaâs support of measures adopted by the European Union and International Monetary Fund,â said Wen, who began a tour of European capitals yesterday. âChina supports a steady euro and it will not be reducing its European bond holdings.â The development of relations between the EU and China is âtruly to the benefit of both,â Wen said. âWe are passengers in the same boat.â The premier said he hopes to improve the domestic investment climate in China and hopes the EU eases restrictions on high-tech exports and rejects protectionism. http://noir.bloomberg.com/apps/news?pid=20601087&sid=a1vBeJ0PbLKo&pos=2 China is weakening USD in every possible way, before a revaluation of the yuan is even discussible !