China offers to buy Greek debt

China has offered to buy Greek government bonds, in a show of support for the country whose debt burden pushed the euro zone into a crisis. Wen Jiabao, the Chinese prime minister, made the offer on Saturday at the start of a two-day visit to Greece, his first stop in a European tour. During talks with George Papandreou, the Greek prime minister, Wen said China would double its trade ties with Greece over the next five years, underscoring Beijing's use of economic strength to win friends. "China will undertake a great effort to support euro zone countries and Greece to overcome the crisis," Wen said. In addition to seeing economic opportunities in Greece, China's support of a struggling European country may also help deflect international criticism of its trade policies and its refusal to let its yuan currency appreciate sharply.