1 September, the EU foreign and security policy High Representative Ashton EU foreign and security policy · High Representative Catherine Ashton (LadyCatherineAshton) recently traveled to China, and Chinese political conjunction high-rise had, Central Europe's first strategic dialogue. In the meantime, the two sides to reach a common exit said to stimulate the economy of government action.
Common interests leads to the same into the same retreat?
China's Xinhua Wednesday by a Professor of Fudan University, China and the EU two aspects of the so-called consensus with into the same retreat of interests basis, but not the way to the official statement confirming that the two sides reached such indeed. Given that China is now the world's fastest growing economy, while the EU is the world's total economic output the highest in the Union, whether the parties reached an agreement, in what context to reach such a consensus, on the world economy recovers, no doubt.
Germany-Institute of far East economic experts how nice · Dr Fischer (Dr.DorisFischer) views of journalists said: "I think that the EU will strive to find such a consensus, this is because the United States on when to exit the Government rescue Act remain silent, the United States economy probably haven't restored to this level. The EU now need to exit the Government's policy of stimulating the economy, but you do not wish to separate action, therefore, the EU is of interest for the partners in China. "
A deflation, an inflation: can come together?
China's Xinhua News Agency quoted in Fudan University, school of Economics, Vice President of Sun Jian, China will manifest in China need to stabilize the debt crisis in the European Union countries, because China is also holding a Euro bond. But the expert did not mention: the EU is currently out of Government rescue policy is premised on the euro-wide Basic does not exist, the risk of inflation, and China from the crisis before the beginning of 2008, inflation is already the official must cheer up against the enemy. The Chinese Central Bank further expansion of credit, in 2009, the day of lending, has become smaller and smaller. On this analysis, Ms. Fischer says:
"Yes, China and the EU must take into account the common interests between them, is not established in the economic situation may be assimilated, as well as to the analogy of economic policy. Perhaps the Chinese Government to the EU is also stimulating the economy out of its own special interested: you quit, I'm in EU export situation can be improved, or conversely, Europeans are willing to see China delisting. But in fact, the Chinese people quitting for the EU and not so enthusiastic, because the economic crisis has led to a sharp drop in the purchase of the Europeans, while European enthusiasm is now the second largest Chinese products in export markets. "
Lips not delisting is not in fact not delisting
However, even if the Chinese do not want to see the EU delisting, China's own nor to rising prices. Europeans fear that banks do not give sufficient credit enterprises, and China fears to the contrary: the Bank to continue to provide, for example, real estate is still not out anyway. Ms. Fischer does not deny that such Chinese characteristics, she highlighted the institutional existence outside of China and not familiar, indeed the means whereby:
"In addition to the international adjustment of the means of guiding interest rate, China Bank lending and a series of administrative measures. Central Bank to control not just commercial bank lending rates, the total amount of the loan. Executive order because you can, so the means taken to adjust the interest rate, which in China delisting, understanding is also very different from Europe. "
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