China is seizing on Europe’s debt problems to expand its influence on the continent with large-scale investments and purchases of government bonds issued by highly-indebted states. The strategy could push Europe into the same financial dependency on China that is posing a dilemma for the US.
Portugal’s cavalry staged a magnificent parade to welcome Chinese President and Party General Secretary Hu Jintao, 67. Suddenly, one of the horses reared up and threw its rider to the ground. The state guest from China waited motionless until the end of the ceremony before he went to the fallen cavalryman, embraced him, and asked if he was all right.
There was symbolic value to Hu’s caring gesture in early November in Lisbon: China’s foremost party organ, the People’s Daily, wrote enthusiastically that this was the “Best moment for the world to see a true China in flesh and blood.”
Read it all.
Der Spiegel–China Expanding its Influence in Europe
China is seizing on Europe’s debt problems to expand its influence on the continent with large-scale investments and purchases of government bonds issued by highly-indebted states. The strategy could push Europe into the same financial dependency on China that is posing a dilemma for the US.
Portugal’s cavalry staged a magnificent parade to welcome Chinese President and Party General Secretary Hu Jintao, 67. Suddenly, one of the horses reared up and threw its rider to the ground. The state guest from China waited motionless until the end of the ceremony before he went to the fallen cavalryman, embraced him, and asked if he was all right.
There was symbolic value to Hu’s caring gesture in early November in Lisbon: China’s foremost party organ, the People’s Daily, wrote enthusiastically that this was the “Best moment for the world to see a true China in flesh and blood.”
Read it all.