Avoid risky Greek debt buy, says Yu

Route help through EU, IMF framework rather than bonds

China could consider using the framework of the European Union (EU) or the International Monetary Fund (IMF) to help Greece out of its debt crisis, said Yu Yongding, an influential economist and former adviser to the central bank.

"Let European governments and the European Central Bank rescue Greece and China can try its best to help Greece via the EU or the IMF, which has an institutional framework in place for such problems," he said.