Chinese President Xi Jinping attended the Fifteenth Central Leading Group on Finance and Economic Affairs, which is often regard as an important reference for the National People’s Congress in March. At this meeting, he pointed out to speed up reform this year, along three main axis. In my view, reforms should always be carried out carefully and the timing and depth of such reforms is key.
The president of Italy is currently in china for an official state visit. This state visit comes at an interesting time for both China and Italy: the two countries are engaging more than before into a commercial dialogue of mutual respect and common interests, trade between the two counties shows good sign of improvement and Italian trade deficit appears to narrow slightly and capital investments made in the past couple of years have all helped improve the image that the Italian Business community has of China.
Chinese Foreign Minister Wang Yi claimed that China has been consistently supporting the European integration and China is willing to work with the European side for the world’s peace and development. To understand China’s continuing official declaration of support for the EU and the unity of Europe, we also have to bear in mind that sometimes China uses each one of the 28 members of the EU as 28 potential choices of entry. What the EU sees as a strength, that is its own unity, China sees it as EU weakness, because China’ strategy is one of Divide et impera.
Prof Alberto Bagnai, intervistato da TGCom24, ci ricorda che gli stati Europei hanno dimenticato il principio di autodeterminazione, dal momento che le scelte dei paesi sono ormai in mano a Brussels. Il debito pubblico italiano sarebbe convertibile in Lire e, nonostante la cosa non sia semplicissima, il problema diventa tanto più complesso quanto più si posticipa la possibile uscita dell’Italia dall’Euro. Il mio commento è che è ormai giunto il momento di affrontare la questione in modo oggettivo, non legato alle politiche. Suppongo che sia chi sia a favore sia chi sia contro l’uscita dall’Euro abbia a cuore il benessere degli Italiani. Propongo una conferenza dove si discutano questi temi, e che il parlamento e governo italiano, per una volta, dimentichino il proprio partito di appartenenza e si discuta di contenuti ..al più presto.
“Europe 2017: Make It or Break It?” is the tile of a conference organised by ISPI and LUISS University and held in Rome on Jan 24th. Participants included Giorgio Napolitano, Mario Monti and so on. It was quite a high level of discussion on the challenges and opportunities that Europe faces today, ranging from the migrant crisis to banking Union to the role of EU and the European Commission and of course Brexit and the Euro.
Income equality in the world rising, with only a handful of people holding large proportion of worlds’ wealth and so on. Big media headlines just before Davos opened. Chinese’s President Xi Jinping, surprisingly, rises in Davos to the role of paladin of economic liberalism and supporter of more income equality. Unfortunately for China, achieving economic growth and income equality are two contradicting goals. One has to give.
President Xi Jinping arrived in Switzerland on Sunday for his first state visit to the country and his first meeting of the World Economic Forum, a major annual gathering of global political and corporate leaders. This is the second time in a few weeks that China takes steps to build closer relationship with European non-EU members. After re-establishing links with Norway a few days ago, this week we should pay attention to Xi announcement with Switzerland.
China and Norway decided on Dec 19, 2016, to normalize relations after six years of freeze. It is not going to make Mr. Juncker very happy. It shows that countries can liaise with China on equal terms regardless of their size. In a way this makes the argument for “a stronger united Europe” less strong. Having said that, one should also not read too much into it, as EU political crisis surely is not the result of China getting in the way.