The Eurozone crisis is threatening China's growth prospects. What is the prognosis for the country's economy?
At the moment, the news out of Brussels seems positive. The markets are cautiously optimistic that last week’s recent tentative agreement among the Eurozone members toward a new compact on government finance and bank regulation will hold. But investors are holding their breath: a failure could have grim consequences everywhere, including China.
[This article has been reproduced with permission from CKGSB Knowledge, the online research journal of the Cheung Kong Graduate School of Business (CKGSB), China's leading independent business school. For more articles on China business strategy, please visit CKGSB Knowledge.]