'Should I stay or should I go' could be Greece's new national anthem, amid rising fears over its ability to stay in the euro zone. It's possible exit is turning up the heat on Chinese industries and government officials as they brace for economic fallout that could dwarf that of the 2008 global financial crisis.
Today's poll in Greece could produce a left-wing government determined to stay in the euro zone but set on rejecting key conditions imposed as part of a European Union and International Monetary Fund bailout.
The make-up of the new government is likely to be a key focus at this week's Group of 20 summit in Mexico, when President Hu Jintao is expected to unveil China's proposals for rescuing the debt-laden euro zone.
Despite reassurances from European Union officials that the single currency will remain intact, political leaders have failed to agree on their own financial and fiscal responsibilities.
Fears of a so-called 'Grexit' have surged in recent days, prompting a rise in bank withdrawals and capital flight and even hoarding of food in Greece.
Zhang Xiaoqiang, a vice-chairman of the National Development and Reform Commission - China's state planning agency - said Greece would stay put. But he said that solving the euro zone's problems was 'a huge challenge' and the sovereign debt crisis had rippled across the world, exacerbating a slowdown in China's economic growth.
'The Greek election is a relatively small turning point,' Zhang said. 'Even if it withdraws from the trade bloc, the euro zone won't collapse. The biggest worry is the health of Spain's banking sector, which is bigger than that of Greece and is in trouble.'
