CLEAN: Analysts discuss Chinese role in EU crisis

The video discusses China's significant foreign exchange reserves and its potential role in addressing the European debt crisis. It highlights the dependency on the US dollar and euro, and the impact of their depreciation on China's wealth. Despite the global financial crisis, China's domestic life remains unaffected due to press censorship. However, a downturn in Europe could affect China's trade, especially exports. The video concludes that China cannot resolve the EU debt crisis alone, as the root cause is excessive spending by European countries.

What are the implications of China's reliance on the US dollar and euro?

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In what ways could China potentially help resolve the euro debt problem?

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