Economics
China Can ‘Cope’ If Greece Exits Euro, NDRC Researcher Says
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China will be able to “cope” if Greece leaves the euro region and no large-scale stimulus is needed for the economy, a researcher for the nation’s top economic planning body said.
“Assuming a Greek exit would lead to a financial and economic crisis as damaging as the collapse of Lehman Brothers, China would be able to cope,” the official Xinhua News Agency reported yesterday, citing Zhang Yansheng, secretary-general of the Academic Committee of the National Development and Reform Commission.