What should China do if Greek exit from euro leads to broader financial fallout?

Editor's Note: A specter is haunting the world. It originates in Europe and it makes every Chinese businessman shudder. Will the eurozone fall apart if Greece drops out? And what impact would this have on China? These questions have dominated many conferences of economists, business leaders, and international relations experts in Beijing over the past couple of weeks.

Although many of them have said, or rather hope, that the chances of a Greek exit are still small, there is considerable concern that, should it happen, it would cause problems for the Chinese economy, which relies heavily on exports to Europe. Economists say that, in this context, the best protection for China is to press on with economic reform.

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