Comments on: China makes an uneasy saviour for Europe http://blogs.reuters.com/breakingviews/2011/06/24/china-makes-an-uneasy-saviour-for-europe/ Mon, 17 Jun 2013 22:19:50 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: armonid http://blogs.reuters.com/breakingviews/2011/06/24/china-makes-an-uneasy-saviour-for-europe/comment-page-1/#comment-7845 armonid Tue, 28 Jun 2011 05:41:15 +0000 http://blogs.reuters.com/columns/?p=6336#comment-7845 JF wrote: The desire to lift the embargo may explain the release of imprisoned artist and activist Ai Weiwei the day before Wen Jiabao set out on his tour. When you talk about Ai Weiwei you mixed politic and business. Chinese are too pragmatic to equate Ai’s case with geopolitics. For your information Ai was arrested for tax fraud. After his investigation with tax authority, Ai promise to payback whatever he owes to Chinese government. He is free to go, but cannot leave the country until all the money has been paid back. JF wrote: The desire to lift the embargo may explain the release of imprisoned artist and activist Ai Weiwei the day before Wen Jiabao set out on his tour.
When you talk about Ai Weiwei you mixed politic and business. Chinese are too pragmatic to equate Ai’s case with geopolitics. For your information Ai was arrested for tax fraud. After his investigation with tax authority, Ai promise to payback whatever he owes to Chinese government. He is free to go, but cannot leave the country until all the money has been paid back.

]]> By: cosmicinsight http://blogs.reuters.com/breakingviews/2011/06/24/china-makes-an-uneasy-saviour-for-europe/comment-page-1/#comment-7840 cosmicinsight Sun, 26 Jun 2011 23:59:19 +0000 http://blogs.reuters.com/columns/?p=6336#comment-7840 West has to be wary of China as the things that it needs from the West are hi-tech armaments and other strategic assets,with the surplus funds that it has acquired through its lopsided trading achieved by keeping its currency artificially low over the last decade. West has to be wary of China as the things that it needs from the West are hi-tech armaments and other strategic assets,with the surplus funds that it has acquired through its lopsided trading achieved by keeping its currency artificially low over the last decade.

]]> By: DubaiUAE http://blogs.reuters.com/breakingviews/2011/06/24/china-makes-an-uneasy-saviour-for-europe/comment-page-1/#comment-7836 DubaiUAE Sun, 26 Jun 2011 13:56:06 +0000 http://blogs.reuters.com/columns/?p=6336#comment-7836 The EU has been built the wrong way. They have accepted the weak economies and they have been able to live on the work of the strong European economies like Germany, France or Netherlands. The EU had to co-operate with them instead of picking them up in the union, so that those countries could built up their economies alone. It would had allow them to depreciate their currencies during the recession and a lot of pain could have been avoided. Really, there is no logic why Greece, Bulgaria, Romania and the Baltic countries are in the EU. Croatia won't bring any good either. A country full of bureaucracy, corruption and weak judiciary. The ECB has now a impossible mission. If Germany continues to grow, inflation will be speeding up, while higher interest rate would hurt the PIIGS. I really cannot imagine how Europe will get out of this mess. If it does in the end, it will be a very painful trip. The EU has been built the wrong way. They have accepted the weak economies and they have been able to live on the work of the strong European economies like Germany, France or Netherlands. The EU had to co-operate with them instead of picking them up in the union, so that those countries could built up their economies alone. It would had allow them to depreciate their currencies during the recession and a lot of pain could have been avoided. Really, there is no logic why Greece, Bulgaria, Romania and the Baltic countries are in the EU. Croatia won’t bring any good either. A country full of bureaucracy, corruption and weak judiciary.

The ECB has now a impossible mission. If Germany continues to grow, inflation will be speeding up, while higher interest rate would hurt the PIIGS. I really cannot imagine how Europe will get out of this mess. If it does in the end, it will be a very painful trip.

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