Chinese ready to help euro

CHINA is willing to step in to prop up the euro “if necessary”, a Chinese minister said yesterday at the China-EU High Level Economic and Trade Dialogue. Vice-premier Wang Qishan (pictured) said that China would take “concerted action” to prevent the collapse of the main currency in Europe, which is the biggest importer of Chinese goods. Trade between the EU and China has grown by a third since last year, to $434bn so far this year.