Samstag, 26. November 2011

Obama's priority shift in Asia Pacific

Photo: RickrozofBarrister Harun ur RashidThe economic power is gradually shifting to Asia and this has been clearly demonstrated by the fact that the European Union is desperate for China's help to tackle the euro zone debt crisis.Recently the EU also dispatched Klaus Regling, head of the European Financial Stability Fund, to Beijing to try and secure Chinese funding. France's defence minister, Gerard Longuet, welcomed a Chinese role in Europe's crisis, saying on French radio, "They have money,

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