Friday, 4 November 2011

CNN News - Q&A: Why China won't ride to Europe's rescue, Nov 04, 2011


"Beijing (CNN) -- After a deal was hammered out by European Union leaders last week on a joint plan to help bailout Greece and bolster European banks, the world looked to China to help pick up the check.
In a historical context, it's a remarkable turn of events for China, which inside a generation has rocketed from isolation and poverty to become the world's second largest economy behind the United States."

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