For reserve currencies, what is safe is in conflict with what is convenient, argues Stephen Jen of SLJ Macro Partners, a hedge fund, adding that "the euro is efficient but it's not safe."

对于储备货币，安全和方便在互相冲突，这是对称基金SLJ Macro Partners的Stephen Jen的观点，并补充“欧元的经济效率很好，但并不安全”。

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Stephen Jen of SLJ Macro Partners, a hedge fund, thinks that the Chinese may have been buying as much sovereign debt from struggling states as the European Central Bank (ECB) has.

ECONOMIST: Capital and companies from China are sidling into Europe