Now for more on Europe's debt issues, we are once again joined in the studio by Xu Sitao, Chief China Representative from the Economist Group.

Q1. I'm going to ask you to look into your crystal ball here - what will happen if Greece defaults, which is looking like a virtual inevitability? Will there be a domino effect, and what will be the impact on Asian economies?

Q2. With all the ongoing euro zone debt drama, what does this all mean for China?