Understanding why culturally
It is perhaps telling that with EU in the midst of a financial crisis, they would turn to China. In a report in the Independent on 29 October 2011, Eurozone leaders have now to wait on China to invest. It might seem ironic it was not very long ago China was deemed a backward country, not fulfilling its potential, and the Yen possibly being run into the ground with it tagged to the ailing US Dollar some 15 years ago.
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Comment: Chinese will not bail out EU without strict considerations
Posted in Comment, tagged £62 billion, bailout, China, Chinese, Culture, EU crisis, Hu Jintao on November 3, 2011| Leave a Comment »
Understanding why culturally
It is perhaps telling that with EU in the midst of a financial crisis, they would turn to China. In a report in the Independent on 29 October 2011, Eurozone leaders have now to wait on China to invest. It might seem ironic it was not very long ago China was deemed a backward country, not fulfilling its potential, and the Yen possibly being run into the ground with it tagged to the ailing US Dollar some 15 years ago.
(more…)
Read Full Post »