EU to Work Closer With China
Tomorrow is a meeting between China and the EU that is intended to help them to work closer together:
China lies at heart of Europe’s recovery, says BrusselsEUobserver – May 19, 2009Andrew WillisBRUSSELS – Speaking on the eve of the eleventh EU-China summit to be held in Prague, European commissioner for external relations Benita Ferrero-Waldner highlighted the central role China will play in Europe’s economic recovery.“China is one of our most important partners in meeting the challenges of today and tomorrow,” Ms Ferrero-Waldner told policymakers and diplomats gathered in Brussels for a conference on EU-China relations organised by Friends of Europe and the Security and Defence Agenda, a pair of Brussels think-tanks. While Wednesday’s (20 May) summit is to touch on a number of topics, including climate change and human rights, it is clear that the huge volumes of trade between the two sides form the backbone of their relationship…“The increasing Chinese middle-class is an attractive market for EU goods,” said Ms Ferrero-Waldner, citing figures contained in a recent report published by the European Ideas Network that predicts China and India will account for 50 percent of the world economy by 2060.The commission’s director-general for trade, David O’Sullivan, also re-iterated this idea, saying that while competition with China in the coming years would be great, it would not result in a “zero-sum game,” where one side’s gain implicitly meant the other side’s loss.
At the summit on Wednesday, Chinese premier Wen Jiabao is likely to renew calls for the EU to relax constrictions on high-tech exports and also reduce anti-dumping measures, while the EU will repeat its concerns over market access.
The closer the EU works with China, the less close it is likely to work with the USA. The Europeans tend to also be aware of the potential of excess imports and will probably insist on closer trade parity than the disparity that happens between the USA and China.
Perhaps I should add that both biblical and ancient Chinese prophecies suggest that the Chinese should be more cautious about working closely with the Europeans–but both sources seem to conclude that this increased cooperation will happen anyway.
Articles of possibly related interest may include:
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the Europeans and the Anglo-nations?
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel.
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon?
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