China plans for Greece's Exit from Eurozone

Source: CNN Money

As Standard & Poor's stated that there is a 33% chance that Greece may leave the 17-nation area, China began drafting all possible scenarios that may be detrimental for the country. According to China Daily, the government will consider how the exit may influence the commerce, rate of exchange as well as the investment flow. However, the main concern of China lies not in the actual exit of Greece, but its impact on the entire Eurozone as well as on the region's banks holding sovereign bonds of the peripheral countries.  

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