CIO Horrocks sees positives of ditching euro

Ditching the euro could be positive, while the impact of a Greek default on China’s economy would be so negligible Asian investors shouldn’t fixate on it, says Matthews Asia CIO Robert Horrocks. “If the euro is a bad idea and not working, why stick with it?” he queries, describing Greece as a tiny country with a GDP of $300 billion and imports of $80 billion, mostly from Europe. “If Greece defaults, the direct impact on the Chinese economy would be roughly equivalent of the enti…