Chinese Premier Wen Jiabao (R) meets with Catherine Ashton, EU high representative for foreign affairs and the European Commission's vice president, in Beijing on July 10, 2012. [Xinhua photo]
China said on Tuesday it believes Europe can handle its debt crisis weeks after the Chinese government announced it will contribute US$43 billion to the International Monetary Fund's recapitalization, part of which will be directed to help the EU remedy its dire financial situation.
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