News / Asia

China, EU Talk Debt Crisis, Airline Carbon Tax, Syria

Chinese Premier Wen Jiabao, right, shakes hand with EU President Herman Van Rompuy beside European Commission President Jose Manuel Barroso before their meeting at the Great Hall of the People in Beijing , Feb. 14, 2012.
Chinese Premier Wen Jiabao, right, shakes hand with EU President Herman Van Rompuy beside European Commission President Jose Manuel Barroso before their meeting at the Great Hall of the People in Beijing , Feb. 14, 2012.
TEXT SIZE - +

Europe's top officials are in Beijing for talks with Chinese leaders that are expected to cover the eurozone debt crisis, Syria and an airline carbon tax imposed by the European Union that China opposes.

Chinese Premier Wen Jiabao message was clear Tuesday, saying China and the European Union need to work together to solve Europe's debt crisis.

China and the EU are strategic partners, said Wen. He added that, in the face of difficulties and challenges, the two sides should have mutual understanding and work together toward common goals.

He made his comments in a meeting Tuesday at the Great Hall of the People with European Commission President Jose Manuel Barroso and EU President Herman Van Rompuy, who stressed that the two sides need each other.

“We became so interdependent that change in the growth rate in one of the two strategic partners has a direct and palpable impact on the other one," Rompuy said. "Our economic destinies are interlinked.”

China is the world's largest holder of foreign reserves. Beijing has repeatedly said it hopes to help Europe resolve its debt crisis, but has made no specific pledges of action.

China has an interest in helping Europe maintain economic strength because of huge trade volume, said Peking University International Studies Professor Wang Dong. One possibility, he said, for China to help is to go through the International Monetary Fund, rather than helping bail out countries directly.

“My guess is that China will try to seek to enhance its cooperation with the IMF," Wang said. "I know that the IMF is trying to set up some kind of mechanism in providing the funds to the euro, but that is a big challenge because there is not sufficient amount of money available.”

The European leaders are in Beijing on the same day Chinese Vice President Xi Jinping is meeting with U.S. President Barack Obama at the White House.

Wang said China wants to have good relations with both Europe and the United States, and believes in a multipolar world. But at the same time, he says China is not trying to, as he put it, drive a wedge between the U.S. and the EU.

In honor of Valentines Day, a holiday that celebrates lovers, Wang made the analogy to China and the United States as a married couple that is committed to staying together.

“We have some quarrels, disagreements and unhappiness about each other [about] some sort of actions," he said."But, after a while, we still have to come back and say okay. We have to deal with that and, if it's a couple, we have to live together. That is in essence today's globalized world.”

The EU leaders are in Beijing for the annual China-EU summit, which was originally scheduled for October, but had to be postponed because of the euro debt crisis. In addition to the euro woes, the two sides also are expected to discuss Syria, Iran and EU plans to introduce a carbon tax on airlines.
China recently joined Russia in vetoing a United Nations resolution on Syria.

Meanwhile, China says it will not allow its airlines to pay the EU-imposed fees, which are aimed at curbing carbon emissions that many scientists blame for global warming.

You May Like

Algerians Vote in Presidential Election

There were few media reports of protests and clashes around the country, but so far no significant violence More

Sharks More Evolved than Previously Thought

The discovery could “profoundly affect our understanding of evolutionary history” More

Pakistan Military Asked to Protect Polio Workers

Request comes as authorities say a Taliban ban on vaccinations in 2012 and deadly attacks on anti-polio teams have prevented thousands of children from getting inoculated More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Google Buys Drone Companyi
|| 0:00:00
...
 
🔇
X
George Putic
April 15, 2014
In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Ray Bonneville Sings the Blues and More on New CD

Singer/songwriter Ray Bonneville has released a new CD called “Easy Gone” with music that reflects his musical and personal journey from French-speaking Canada to his current home in Austin,Texas. The eclectic artist’s fan base extends from Texas to various parts of North America and Europe. VOA’s Greg Flakus reports from Austin.
Video

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.
Video

Video Passover Celebrates Liberation from Bondage

Jewish people around the world are celebrating Passover, a commemoration of their liberation from slavery in Egypt more than 3,300 years ago. According to scripture, God helped the Jews, led by Moses, escape bondage in Egypt and cross the Red Sea into the desert. Zlatica Hoke reports that the story of the Jewish Exodus resonates with other people trying to escape slave-like conditions.
Video

Video Police Pursue Hate Crime Charges Against Kansas Shooting Suspect

Prosecutors are sifting through the evidence in the wake of Sunday’s shootings in a suburb of Kansas City, Missouri that left three people dead. A suspect in the shootings taken into custody is a white supremacist. As VOA’s Kane Farabaugh reports, he was well-known to law enforcement agencies and human rights groups alike.
Video

Video In Eastern Ukraine, Pro-unity Activists Emerge from Shadows

Amid the pro-Russian uprisings in eastern Ukraine, there is a large body of activists who support Ukrainian unity and reject Russian intervention. Their activities have remained largely underground, but they are preparing to take on their pro-Moscow opponents, as Henry Ridgwell reports from the eastern city of Donetsk.
Video

Video Basket Maker’s Skills Have World Reach

A prestigious craft show in the U.S. capital offers one-of-a-kind creations by more than 120 artists working in a variety of media. As VOA’s Julie Taboh reports from Washington, one artist lucky enough to be selected says sharing her skills with women overseas is just as significant.
Video

Video UN Report Urges Speedier Action to Avoid Climate Disaster

A new United Nations report says the world must switch from fossil fuels to cleaner energy sources to control the effects of climate change. The Intergovernmental Panel on Climate Change released the report (Sunday) following a meeting of scientists and government representatives in Berlin. The comprehensive review follows two recent IPCC reports that detail the certainty of climate change, its impacts and in this most recent report what to do about it. VOA’s Rosanne Skirble has the details.
AppleAndroid