Europe debt crisis to have limited impact on nation
By Wang Bo | China Daily | Updated: 2010-05-27 07:56
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Willem Buiter, chief economist at Citigroup Inc, speaks at the Council on Foreign Relations in New York. Ramin Talaie / Bloomberg |
BEIJING - The contagion from the European sovereign debt crisis is expected to have a limited impact on China, and the real risk lies in its ripple effect on the United States that might drive down the nation's growth momentum as it exports to developed countries wither, senior economists at Citigroup said on Wednesday.
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