European Union President Herman Van Rompuy said the euro is “too strong” compared with the renminbi, adding that Europe remains an attractive investment market for China as the region makes “good progress” in addressing its debt crisis, Bloomberg reported. Van Rompuy, who is on a four-day China visit, made his remarks at a speech on Monday in Beijing. Europe and the US continue to criticize the renminbi’s peg to the dollar, arguing that Chinese exports have an unfair edge because the currency is kept artificially low. The renminbi has risen 8.9% this year against the euro. “The euro is the world’s second reserve currency and a strong and stable currency – even too strong, compared for instance to [the renminbi],” Van Rompuy said.