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.

    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

    Russian-Backed Offensive in Syria Pushes War to Tipping Point

    As threat to Aleppo and rebel forces grows, US plan to negotiate becomes less and less appealing for Syrian government, says one military analyst

    IS Runs Timber Smuggling Business in Afghanistan, Officials Say

    Government turning blind eye to smuggling, according to tribal leaders; Afghanistan's forest cover dropped by 50 percent in three decades, experts say

    Video White House Seeks $1.8 Billion to Combat Zika

    Obama administration says funding would 'support essential strategies to combat the virus' such as rapidly expanding mosquito control programs, accelerating vaccine research

    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.
    'No Means No' Program Targets Sexual Violence in Kenyai
    X
    February 08, 2016 4:30 PM
    The organizers of an initiative to reduce and stop rape in the informal settlements around Kenya's capital say their program is having marked success. Girls are taking self-defense classes while the boys are learning how to protect the girls and respect them. Lenny Ruvaga reports from Nairobi.
    Video

    Video 'No Means No' Program Targets Sexual Violence in Kenya

    The organizers of an initiative to reduce and stop rape in the informal settlements around Kenya's capital say their program is having marked success. Girls are taking self-defense classes while the boys are learning how to protect the girls and respect them. Lenny Ruvaga reports from Nairobi.
    Video

    Video New Hampshire Voters Are Independent, Mindful of History

    Once every four years, the northeastern state of New Hampshire becomes the center of the U.S. political universe with its first-in-the-nation presidential primary. What's unusual about New Hampshire is how seriously the voters take their role and the responsibility of being among the first to weigh in on the candidates.
    Video

    Video Chocolate Lovers Get a Sweet History Lesson

    Observed in many countries around the world, Valentine’s Day is sometimes celebrated with chocolate festivals. But at a festival near Washington, the visitors experience a bit more than a sugar rush. They go on a sweet journey through history. VOA’s June Soh takes us to the festival.
    Video

    Video 'Smart' Bandages Could Heal Wounds More Quickly

    Simple bandages are usually seen as the first line of attack in healing small to moderate wounds and burns. But scientists say new synthetic materials with embedded microsensors could turn bandages into a much more valuable tool for emergency physicians. VOA’s George Putic reports.
    Video

    Video Bhutanese Refugees in New Hampshire Closely Watching Primary Election

    They fled their country and lived in refugee camps in neighboring Nepal for decades before being resettled in the northeastern U.S. state of New Hampshire -- now the focus of the U.S. presidential contest. VOA correspondent Aru Pande spoke with members of the Bhutanese community, including new American citizens, about the campaign and the strong anti-immigrant rhetoric of some of the candidates.
    Video

    Video Researchers Use 3-D Printer to Produce Transplantable Body Parts

    Human organ transplants have become fairly common around the world in the past few decades. Researchers at various universities are coordinating their efforts to find solutions -- including teams at the University of Pennsylvania and Rice University in Houston that are experimenting with a 3-D printer -- to make blood vessels and other structures for implant. As VOA’s Greg Flakus reports from Houston, they are also using these artificial body parts to seek ways of defeating cancerous tumors.
    Video

    Video Helping the Blind 'See' Great Art

    There are 285 million blind and visually impaired people in the world who are unable to enjoy visual art at a museum. One New York photographer is trying to fix this situation by making tangible copies of the world’s masterpieces. VOA correspondent Victoria Kupchinetsky was there as visually impaired people got a feel for great art. Joy Wagner narrates her report.
    Video

    Video Sanders, Clinton Battle for Young Democratic Vote

    Despite a narrow loss to former Secretary of State Hillary Clinton in last week's Iowa Democratic caucuses, Vermont Senator Bernie Sanders secured more than 80 percent of the vote among those between the ages of 18 and 29. VOA correspondent Aru Pande talks to Democrats in New Hampshire about who they are leaning towards and why in this week's primary.
    Video

    Video German Artists to Memorialize Refugees With Life Jacket Exhibit

    Sold in every kind of shop in some Turkish port towns, life jackets have become a symbol of the refugee crisis that brought a million people to Europe in 2015.  On the shores of Lesbos, Greece, German artists collect discarded life jackets as they prepare an art installation they plan to display in Germany.  For VOA, Hamada Elrasam has this report from Lesbos, Greece.
    Video

    Video E-readers Help Ease Africa's Book Shortage

    Millions of people in Africa can't read, and there's a chronic shortage of books. A non-profit organization called Worldreader is trying to help change all that one e-reader at a time. VOA’s Deborah Block tells us about a girls' school in Nairobi, Kenya where Worldreader is making a difference.
    Video

    Video Genius Lets World Share Its Knowledge

    Inspired by crowdsourcing companies like Wikipedia, Genius allows anyone to edit anything on the web, using its web annotation tool
    Video

    Video In Philippines, Mixed Feelings About Greater US Military Presence

    In the Philippines, some who will be directly affected by a recent Supreme Court decision clearing the way for more United States troop visits are having mixed reactions.  The increased rotations come at a time when the Philippines is trying to build up its military in the face of growing maritime assertiveness from China.  From Bahile, Palawan on the coast of the South China Sea, Simone Orendain has this story.
    Video

    Video Microcephaly's Connection to Zika: Guilty Until Proven Innocent

    The Zika virus rarely causes problems for the people who get it, but it seems to be having a devastating impact on babies whose mothers are infected with Zika. VOA's Carol Pearson has more.
    Video

    Video Stunning Artworks Attract Record Crowds, Thanks to Social Media

    A new exhibit at the oldest art museum in America is shattering attendance records. Thousands of visitors are lining up to see nine giant works of art that have gotten a much-deserved shot of viral marketing. The 150-year-old Smithsonian American Art Museum has never had a response quite like this. VOA's Julie Taboh reports.