Finnegan's Take

Archives for china

Tapping a developing country for cash is a lot to ask so we need not be surprised that China wants something in return So it looks like Europe is asking China to contribute more than €100, 000,000,000 to boost its bailout fund and help save Europe’s single currency. The French President has been delegated the… » read more

Posted by Gary Finnegan

It was inevitable: China has finally leapfrogged Japan to become the world’s 2nd largest economy. In Europe, we’re excited and relieved to see Germany (who else?) turning in 2.2% growth in Q2. In China, 10% annual growth rates are forecast, meaning the world’s largest economy – the US – must be looking over its shoulder… » read more

Posted by Gary Finnegan

EU member states are undermining Europe’s power by pursuing their own interests – and China sees it this way too I broke a story today on the EU’s last-minute decision to scrap plans for an SME Centre in Beijing. The office would have helped European firms to do business in China. The reasons for the… » read more

Posted by Gary Finnegan

A government-appointed expert group in Ireland makes uncomfortable reading for all invested in Europe’s “knowledge economy” experiment. It questioned (a) whether Ireland’s investment in ‘STI’ (science, technology and innovation) is really economically worthwhile and (b) whether producing 20% more PhD students might be counterproductive. These points are buried in a lengthy report by an academic… » read more

Posted by Gary Finnegan

Zhe Song, China’s main man in the EU, is every bit the modern Chinese diplomat: he knows the official line inside out and offers polite frustration in the face of what he sees as the West’s frequent misunderstanding of China. But he’s pragmatic and outward-looking; he talks of progress and consensus-building. Indeed, as evidenced by… » read more

Posted by Gary Finnegan