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China Help With EU Bailout: 'Very Likely'

Friday, 4 Nov 2011 | 2:30 AM ET

"They have internal resistance in China to putting any bailout money in Europe. Obviously China wants to play on the international stage more and get involved in the IMF eventually. So I think it very likely there will be some help eventually, maybe into the IMF," Philip Chan, director of institutional equity strategy at Shenyin Wanguo, told CNBC.