Jin Liqun, chairman of the board of supervisors of China Investment Corp, slammed the welfare systems of European countries and said the continent must address its own problems to attract outside investment. “If you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of the worn out welfare society,” Jin told Al-Jazeera television in an interview broadcast at the weekend. “The labour laws induce sloth, indolence, rather than hardworking.” Jin, a former vice finance minister, said Beijing would consider investing in Europe but any decision would be based on likely investment returns. “Our people would ask us the question: ‘Wait a moment. Are you sure you can get a fair share of returns?’,” Jin told the television network.