Remember, the good old days of Chinaâs dollar bashing? Well, no more. There is a new victim in town, and itâs called the euro. In todayâs sovereign crisis-filled world, it seems bashing the euro is fair game â even if itâs counter intuitive. After all, if you donât like the dollar and you donât like the euro â and letâs face it, you canât possibly like sterling â whatâs left? The franc, the yen? But that, at least, appears to be the case on Thursday. According to Reuters, Zhu Min, deputy governor of the Peopleâs Bank of China, made the following whopper of a statement during Asian trade: Zhu min said the Greek debt crisis was just the beginning, prompting short-term players to sell the euro and triggering stop-loss orders at $1.33000. Although the actual quote, according to Dow Jonesâ Market Watch, ran a little more like this: âGreece is only one case, but itâs only a tip of the iceberg,â said Peopleâs Bank of China Vice Gov. Zhu Min in a speech in Hong Kong, according to Dow Jones Newswires. âI donât think Greece will go bankrupt because itâs still relatively small, but we donât see decisive action that tells the market, âWe can solve it, we can close it,â so the market is very volatile,â Zhu reportedly said. He called Spain and Italy the âmain concern today.â Nevertheless, the euro dipped sharply against the dollar about 0530 GMT on the day â the comments seemingly pushed the currency through some critical stop-loss levels, although it appears to have rebounded since then. http://ftalphaville.ft.com/blog/2010/03/25/186886/now-china-is-bashing-the-euro/