. Medical and Hospital News .




.
SUPERPOWERS
Euro crisis weighs on Merkel's China trip
by Staff Writers
Berlin (AFP) Aug 28, 2012


German Chancellor Angela Merkel this week makes her second trip of the year to China, with the eurozone debt crisis taking centre stage as it begins to drag on the two global economic powers.

Merkel was due to take nine ministers with her and a high-powered business delegation for the visit Thursday and Friday to Beijing and Tianjin which includes talks with Premier Wen Jiabao and a joint cabinet meeting.

And with the near three-year-old eurozone debt crisis showing signs of spreading even as far as China, Beijing increasingly sees Germany and Merkel as key players in tackling the problem, say analysts.

"The euro crisis seems to have led to an increased Chinese focus on Germany in particular," Hans Kundnani from the European Council on Foreign Relations, a think-tank, told AFP.

Chinese officials "see Germany playing an increasingly decisive role in EU decision-making and therefore feel they have little choice but to approach Europe through Germany," he added.

"We have noticed that there is a tendency for her to speak for Europe. China is increasingly looking to her for answers," said the expert.

Europeans have expressed hope that China could deploy some of its huge foreign currency reserves to invest in EU bailout funds, although there is little sign of this happening as yet.

Nevertheless, at an EU-China meeting in Beijing in July, Dai Bingguo, the Chinese co-chair of the talks, pledged that "China is sincere and firm in supporting European efforts to deal with the sovereign debt problem."

"We need to persuade China -- like other investors -- that the funds are safe," a German government source said on Tuesday, noting that Beijing had already taken a write-down on its Greek investments.

Germany and China will also be looking to strengthen their own economic ties, amid signs both are being affected by the eurozone crisis.

In its latest report on China, the International Monetary Fund warned the crisis was the biggest external risk facing the fast-growing economy.

And after initially proving resilient to the crisis, forward-looking indicators suggest Germany, Europe's top economy, is beginning to feel the pain as well.

Germany is China's top trade partner in the EU with nearly half of all European exports to China coming from Germany. Meanwhile, nearly a quarter of all EU imports from China land in Germany.

Bilateral trade between the two powers reached $169 billion in 2011, an 18.9-percent rise on the previous year.

Gu Junli, an expert in Germany at the government-backed Chinese Academy of Social Sciences in Beijing, said the focus would be at least as much on bilateral economic cooperation as on Europe's sovereign debt crisis.

"Germany's technology has a dominant position, but it needs a market and China is a big market," said Gu, citing energy, environmental protection and manufacturing as possible areas of cooperation.

Reports in the German press have raised the possibility that European plane manufacturer Airbus could win a large order from China during the visit.

However, Merkel was also expected to raise non-economic issues with Wen, including Syria, human rights and freedom of the press.

China has joined Russia in repeatedly using their vetoes to scuttle UN Security Council resolutions aimed at tackling the deadly conflict in Syria, putting them at odds with western powers.

And Merkel's spokesman Steffen Seibert told reporters Monday the chancellor would raise the issue of the freedom of the press with Wen amid complaints of a "deteriorating situation" for German journalists in China.

German journalists working in China wrote a letter to Merkel saying authorities in Beijing had been "willfully obstructing" their work by threatening not to renew their visas and intimidating local assistants.

"We just request the same working conditions that Chinese journalists enjoy ... in Germany," the reporters wrote.

A German official confirmed that the topic of human rights would also be on the agenda, amid pressure on Merkel to raise the issue of Tibet.

"Human rights is always on the agenda and this has not changed. There is a very trusting relation between the chancellor and Premier Wen, which means that topics like this can be discussed," the official said.

"That does not mean that this will be discussed in detail publicly afterwards," added the official, who requested anonymity.

Related Links
Learn about the Superpowers of the 21st Century at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



SUPERPOWERS
Clinton to press on China disputes in Asia tour
Washington (AFP) Aug 28, 2012
US Secretary of State Hillary Clinton will warn against the use of force between China and its neighbors on a tour of Asia that comes amid mounting tension over sea disputes, officials said Tuesday. On her third visit to Asia since May, Clinton will become the first US secretary of state to take part in a summit of Pacific islands - an area where China's influence has been growing - and to ... read more


SUPERPOWERS
Quarry explosion kills nine in China: media

Green Climate Fund to hold next meeting in South Korea

Tanker-bus crash inferno kills 36 in China

China bridge collapse kills three

SUPERPOWERS
Fourth Galileo satellite reaches French Guiana launch site

A GPS in Your DNA

Next Galileo satellite reaches French Guiana launch site

Raytheon completes GPS OCX iteration 1.4 Critical Design Review

SUPERPOWERS
Electronics, living tissue, merged in lab

Man mistakes son for monkey, shoots him dead

More Clues About Why Chimps and Humans Are Genetically Different

More sophisticated wiring, not just bigger brain, helped humans evolve beyond chimps

SUPERPOWERS
Bigger creatures live longer, travel farther for a reason

Fossil skeleton of strange, ancient digging mammal clears up 30-year evolutionary debate

One third less life on planet Earth

Sunbathing keeps these insects healthy

SUPERPOWERS
US approves new once-a-day pill to treat HIV

Yosemite warns tourists after virus kills two

Mexico destroys 8 mn chickens amid bird flu outbreak

Clinton signs new deal to fight AIDS in South Africa

SUPERPOWERS
China official flees country with funds: report

Two Tibetans die, burning protests top 50: groups

China's single women compete for love and riches

Tibetan monk tortured and imprisoned: rights group

SUPERPOWERS
EU-NATO forces free hijacked vessel

Nigeria intensifies search for 4 kidnapped foreigners: navy

Somali pirates release Taiwan fishing boat

ONR Sensor and Software Suite Hunts Down More Than 600 Suspect Boats

SUPERPOWERS
Walker's World: The Ides of September

Hong Kong apartment fetches record $61 million

EU ponders how to hold off on Greek pleas

China manufacturing hits nine-month low: HSBC


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement