China to the rescue? Klaus Regling, the head of the euro zone's bailout fund, is trying to persuade China to invest $100 billion into the fund, which is expected to be raised to €1 trillion. Regling says he will try to sell China on the rescue by presenting the fund as a potential investment. Chinese Vice Finance Minister Zhu Guangyao acknowledged the talks, but said they were still in the early stages and details still had to be worked out. The president of the World Bank, Robert Zoellick, said China would invest in the fund only if there were economic incentives to do so, not merely to win goodwill.
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