China says eurozone has ability to resolve debt crisis

China’s Foreign Ministry said on Monday that the eurozone has the wisdom and ability to resolve the Greek debt crisis, after Athens failed to strike a deal with its lenders, taking it a step closer to a default that could force its exit from the euro zone.

China would rather see Greece remain in the eurozone, Ministry spokeswoman Hua Chunying told reporters at a daily news briefing.

[Reuters]