Chinese consumer stimulus 'good for Europe'

LONDON - European countries struggling from the debt crisis could benefit from China's consumption stimulus, which would help European exporters, analysts said.

"The best thing China could do is to stimulate its own consumerism - several European countries could benefit from this stimulus - because then you're getting real growth and economies would cope with debt better," Vanessa Rossi, associate fellow in economics at London-based Chatham House, told China Daily.

China is the second-largest buyer of EU exports. China's trade and investment figures with the European Union continue to rise year-on-year.