Country should prepare for potential Greece exit.

By bne IntelliNews May 31, 2012
China should be prepared, which includes introducing capital controls, for a potential Greece exit from the euro zone. As reported by Dow Jones Chinese Financial Wire, the central bank along with other authorities should mull over putting in place new capital curbs and emergency fluidity injections and even concluding some markets. The country's government must also prepare an emergency plan for the medium term, as the Greek exit is likely to have a heavy impact on the country's export sector and ignite massive job losses.

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