ืืคืืกื ืืืื ืชืืื ืืฉืืชืฃ
ืฆืืืืจื
Against the backdrop of a worsening international economic environment, #China needs to find solutions as soon as possible in case more Western countries unite against it on some major economic issues. The country should pay attention to deepening bilateral relations with important economic and trade partners by building a more comprehensive and high-standard free trade network. And the #UK could be one of the developed countries with which China could strengthen economic cooperation in a new round of changes to the international economic order.
As the fifth-largest global economy, and the second-largest economy in the EU, the UK is an important window for China to deepen cooperation with the Western world. Beijing can consider a China-UK #freetradearea (FTA) as a model for deals with other #developedcountries. For the UK, the inking a China-UK FTA would help reduce #postBrexit uncertainties by offsetting some of the negative impacts. For China, an #FTA with the UK will allow it to explore development space under the pressure of the US-China trade war, facilitating domestic industrial upgrading and propelling domestic reforms in environmental protection, IPR protection and other aspects. Therefore, a China-UK FTA will be of great practical significance.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanEconomy #EuropeanUnion #EU #UKEconomy #Brexit #TradeAgreement
China, UK will both benefit from #freetrade deal
http://www.globaltimes.cn/content/1141641.shtml
As the fifth-largest global economy, and the second-largest economy in the EU, the UK is an important window for China to deepen cooperation with the Western world. Beijing can consider a China-UK #freetradearea (FTA) as a model for deals with other #developedcountries. For the UK, the inking a China-UK FTA would help reduce #postBrexit uncertainties by offsetting some of the negative impacts. For China, an #FTA with the UK will allow it to explore development space under the pressure of the US-China trade war, facilitating domestic industrial upgrading and propelling domestic reforms in environmental protection, IPR protection and other aspects. Therefore, a China-UK FTA will be of great practical significance.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanEconomy #EuropeanUnion #EU #UKEconomy #Brexit #TradeAgreement
China, UK will both benefit from #freetrade deal
http://www.globaltimes.cn/content/1141641.shtml
ืชืืืื ืืืฉื...
ืืคืืกื ืืืื ืชืืื ืืฉืืชืฃ
ืฆืืืืจื
#Italy's government has split over whether to sign onto #Chinaโs landmark ' #OneBeltOneRoad' infrastructure program that runs across #Asia to key European trade hubs. Some 13 #EU countries have signed up to China's new Silk Road plan, but Washington and Brussels are deeply concerned that the involvement of #G7 heavyweight Rome could lend greater credibility to a project that they view as a strategic threat.
Prime Minister #GiuseppeConte and #LuigiDiMaio of the 5Star Movement, one of two deputy prime ministers, said a proposed agreement with Beijing - which would not amount to an international treaty - would not undermine Italy's alliances with the U.S. and the EU. The Italian and Chinese governments are also in the process of negotiating 31 additional MoUs, 16 of which would be signed by the Chinese government and 15 involving businesses. Each MoU spells out details of the framework in each area of cooperation.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanEconomy #EuropeanUnion #Eurozone #BeltandRoad #ItalianEconomy
#SilkRoad opens a rift in Italyโs government
https://www.politico.eu/article/italy-comes-to-silk-road-juncture-with-chinese-mou/
Prime Minister #GiuseppeConte and #LuigiDiMaio of the 5Star Movement, one of two deputy prime ministers, said a proposed agreement with Beijing - which would not amount to an international treaty - would not undermine Italy's alliances with the U.S. and the EU. The Italian and Chinese governments are also in the process of negotiating 31 additional MoUs, 16 of which would be signed by the Chinese government and 15 involving businesses. Each MoU spells out details of the framework in each area of cooperation.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanEconomy #EuropeanUnion #Eurozone #BeltandRoad #ItalianEconomy
#SilkRoad opens a rift in Italyโs government
https://www.politico.eu/article/italy-comes-to-silk-road-juncture-with-chinese-mou/
ืชืืืื ืืืฉื...
ืืคืืกื ืืืื ืชืืื ืืฉืืชืฃ
ืฆืืืืจื
#Italyโs drive to be the first #G7 industrialized nation to join the ambitious venture has angered Washington and alarmed Brussels, raising fears of a sellout of sensitive technologies and the handover of critical infrastructure. With ports that offer easy gateways into #Europeโs richest markets, Italy is a promising and prestigious prize for #China. In return for its endorsement, Italyโs government hopes for a boost in exports and investment that will lift its anemic #economy out of its third recession in a decade.
Deputy Prime Minister #LuigiDiMaio's China Task Force is led by junior industry minister #MicheleGeraci, who lived in China for 10 years before entering government in 2018. Geraci speaks Chinese and fervently backs closer ties with Beijing, saying Italy has fallen behind its partners. According to Eurostat, #Germany exported 93.8bn euros ($106bn) of goods to China in 2018, with #Britain next on the list exporting 23.4bn euros, #France third with 20.8bn euros and Italy fourth on 13.17bn euros.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanEconomy #EuropeanUnion #Eurozone #ItalianEconomy
Italy's drive to join China's #BeltandRoad hits potholes
https://www.reuters.com/article/us-italy-china-analysis/italys-drive-to-join-chinas-belt-and-road-hits-potholes-idUSKCN1QW1E2
Deputy Prime Minister #LuigiDiMaio's China Task Force is led by junior industry minister #MicheleGeraci, who lived in China for 10 years before entering government in 2018. Geraci speaks Chinese and fervently backs closer ties with Beijing, saying Italy has fallen behind its partners. According to Eurostat, #Germany exported 93.8bn euros ($106bn) of goods to China in 2018, with #Britain next on the list exporting 23.4bn euros, #France third with 20.8bn euros and Italy fourth on 13.17bn euros.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanEconomy #EuropeanUnion #Eurozone #ItalianEconomy
Italy's drive to join China's #BeltandRoad hits potholes
https://www.reuters.com/article/us-italy-china-analysis/italys-drive-to-join-chinas-belt-and-road-hits-potholes-idUSKCN1QW1E2
ืชืืืื ืืืฉื...
ืืคืืกื ืืืื ืชืืื ืืฉืืชืฃ
With 16 days left before the UK is due to leave the #EuropeanUnion, the #Brexit rollercoaster lurches once again as lawmakers prepare to vote on a motion to prevent no deal. On a similar vote last month, the House of Commons signaled its opposition to a #nodealBrexit.Yet this time, it's more complicated: Facing the risk of her Conservative party splitting in two, Prime Minister #TheresaMay has agreed a free vote on the motion - meaning the party's lawmakers are not obliged to follow the government's position.
Many Conservative MPs (members of Parliament) already favor a no deal - because it would deliver the hardest Brexit possible, with no ties at all to the #EU after March 29. This group is likely to have increased in number after Tuesday (Mar 12) night's defeat of May's plans, with MPs now fearing that unless they vote for a no deal, Brexit itself could be delayed - or canceled altogether.
#GlobalEconomy #EconomicOutlook #EconomicGrowth #EconomicSlowdown #EconomicRisk #EconomicPolicy #Economy #BrexitDisruption #UnitedKingdom #Europe #EuropeanEconomy #UKEconomy
No deal Brexit is still possible, even if lawmakers vote against it
https://edition.cnn.com/2019/03/13/uk/no-brexit-possible-vote-analysis-intl-gbr/index.html
Many Conservative MPs (members of Parliament) already favor a no deal - because it would deliver the hardest Brexit possible, with no ties at all to the #EU after March 29. This group is likely to have increased in number after Tuesday (Mar 12) night's defeat of May's plans, with MPs now fearing that unless they vote for a no deal, Brexit itself could be delayed - or canceled altogether.
#GlobalEconomy #EconomicOutlook #EconomicGrowth #EconomicSlowdown #EconomicRisk #EconomicPolicy #Economy #BrexitDisruption #UnitedKingdom #Europe #EuropeanEconomy #UKEconomy
No deal Brexit is still possible, even if lawmakers vote against it
https://edition.cnn.com/2019/03/13/uk/no-brexit-possible-vote-analysis-intl-gbr/index.html
ืชืืืื ืืืฉื...
ืืคืืกื ืืืื ืชืืื ืืฉืืชืฃ
ืฆืืืืจื
Italian Foreign Minister #EnzoMoavero on Thursday (Mar 14) defended the commercial accords Italy is poised to sign with #China as part of its ' #BeltandRoad' initiative and said they had the backing of President #SergioMattarella. The #UnitedStates, which fears China's growing international clout and penetration into strategic areas such as telecommunications, has raised concerns about allies' participation in the Belt and Road scheme. The #EuropeanUnion is meanwhile wary of Chinese takeovers in critical sectors.
Italian Prime Minister #GiuseppeConte has said he may sign a series of MOUs on Belt and Road infrastructure investments when Chinese President #XiJinping visits Rome and Palermo later this month. That would make Italy the first #G7 major industrialized nation to sign up for the initiative, which aims to create an infrastructure network like the old Silk Road linking China with Asia, the Middle East, Europe and Africa.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanUnion #EuropeanEconomy #ItalianEconomy #Eurozone
#Italy's foreign minister defends MOU agreements with China
https://www.investing.com/news/economy-news/italys-foreign-minister-defends-mou-agreements-with-china-1807594
Italian Prime Minister #GiuseppeConte has said he may sign a series of MOUs on Belt and Road infrastructure investments when Chinese President #XiJinping visits Rome and Palermo later this month. That would make Italy the first #G7 major industrialized nation to sign up for the initiative, which aims to create an infrastructure network like the old Silk Road linking China with Asia, the Middle East, Europe and Africa.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanUnion #EuropeanEconomy #ItalianEconomy #Eurozone
#Italy's foreign minister defends MOU agreements with China
https://www.investing.com/news/economy-news/italys-foreign-minister-defends-mou-agreements-with-china-1807594
ืชืืืื ืืืฉื...
ืืคืืกื ืืืื ืงืืืฅ ืืฆืืจืฃ
We now know that on Thursday of next week (Mar 21), Prime Minister #TheresaMay will ask the #EuropeanUnion to extend the #Article50 #Brexit deadline. For how long depends on whether or not her Brexit divorce deal is approved by her own lawmakers before that date. As things stand, her deal looks no closer to passing a vote in parliament. On Thursday (Mar 14), 188 members of her own party voted against the government's motion to delay Brexit.
Only two things of late have carried a majority among lawmakers: opposing a #nodealBrexit and delaying Brexit, which both sound distinctly un-Brexity. And neither is entirely within the United Kingdom's control. But as we drift closer to the big day when the UK is slated to leave (March 29), the Commons is giving us a better idea of what it doesn't want. It doesn't want May's deal, a no deal or to scrap Brexit altogether. It doesn't even want a second referendum, despite the noise made about putting the vote back to the public by some in the political class.
#GlobalEconomy #EconomicOutlook #EconomicGrowth #EconomicSlowdown #EconomicRisk #EconomicPolicy #Economy #BrexitDisruption #UnitedKingdom #Europe #EuropeanEconomy #UKEconomy #PostBrexit #LimboBrexit #BrexitRisks
Brexit has taken a notable step backwards
https://edition.cnn.com/2019/03/14/uk/brexit-analysis-luke-mcgee-intl-gbr/index.html
Only two things of late have carried a majority among lawmakers: opposing a #nodealBrexit and delaying Brexit, which both sound distinctly un-Brexity. And neither is entirely within the United Kingdom's control. But as we drift closer to the big day when the UK is slated to leave (March 29), the Commons is giving us a better idea of what it doesn't want. It doesn't want May's deal, a no deal or to scrap Brexit altogether. It doesn't even want a second referendum, despite the noise made about putting the vote back to the public by some in the political class.
#GlobalEconomy #EconomicOutlook #EconomicGrowth #EconomicSlowdown #EconomicRisk #EconomicPolicy #Economy #BrexitDisruption #UnitedKingdom #Europe #EuropeanEconomy #UKEconomy #PostBrexit #LimboBrexit #BrexitRisks
Brexit has taken a notable step backwards
https://edition.cnn.com/2019/03/14/uk/brexit-analysis-luke-mcgee-intl-gbr/index.html
Brexit has taken a notable step backwards - CNN
edition.cnn.com
ืชืืืื ืืืฉื...
ืืคืืกื ืืืื ืชืืื ืืฉืืชืฃ
ืฆืืืืจื
Over the past several years, Portugal's Prime Minister #AntonioCosta has emerged as one of the staunchest supporters of Chinese investment in #Europe. #Chinesecompanies have pumped billions of euros into Portugal since the country found itself in a debt crisis, beginning in 2010. They have purchased a number of Portuguese firms, including the previously state-owned power grid operator REN, the nation's largest insurance company, private hospitals as well as banks. Critics describe it as a 'sellout.' The Chinese also control several small electricity suppliers in #Portugal. Most recently, they also wanted to acquire the largest electricity provider, EDP. The takeover attempt hasn't yet succeeded.
Due to #China's growing economic engagement in Portugal, there is growing concern as to whether Lisbon still remains on the side of the #EU when it comes to presenting a united front against Beijing. Due to China's growing economic engagement in Portugal, there is growing concern as to whether Lisbon still remains on the side of the EU when it comes to presenting a united front against Beijing.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanEconomy #EuropeanUnion #Eurozone #PortugueseEconomy
Portugal: A China-friendly EU nation driven by need
https://www.dw.com/en/portugal-a-china-friendly-eu-nation-driven-by-need/a-47872582
Due to #China's growing economic engagement in Portugal, there is growing concern as to whether Lisbon still remains on the side of the #EU when it comes to presenting a united front against Beijing. Due to China's growing economic engagement in Portugal, there is growing concern as to whether Lisbon still remains on the side of the EU when it comes to presenting a united front against Beijing.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanEconomy #EuropeanUnion #Eurozone #PortugueseEconomy
Portugal: A China-friendly EU nation driven by need
https://www.dw.com/en/portugal-a-china-friendly-eu-nation-driven-by-need/a-47872582
ืชืืืื ืืืฉื...
ืืคืืกื ืืืื ืชืืื ืืฉืืชืฃ
ืฆืืืืจื
#Chinaโs ' #BeltandRoad' infrastructure plan could be good news for #Italy, Prime Minister #GiuseppeConte said on Friday (Mar 8), confirming that he might sign an accord with Chinese President #XiJinping later this month. Xi is due to travel to Italy from March 22-24 and Conte said Rome and Beijing were looking to agree to a framework deal during the state visit, despite reports that the United States is concerned at the prospect of a key ally joining the venture.
A number of #EuropeanUnion states have signed #BRI MOUs with China, including #Croatia, #CzechRepublic, #Hungary, #Greece, #Malta, #Poland and #Portugal. If Italy signs, it would be the first Group of Seven major industrialized nation to do so.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanUnion #EuropeanEconomy #ItalianEconomy #Eurozone
China's Belt and Road plan could be good for Italy: Italian PM
https://www.reuters.com/article/us-china-italy-belt-and-road/chinas-belt-and-road-plan-could-be-good-for-italy-italian-pm-idUSKCN1QP20X
A number of #EuropeanUnion states have signed #BRI MOUs with China, including #Croatia, #CzechRepublic, #Hungary, #Greece, #Malta, #Poland and #Portugal. If Italy signs, it would be the first Group of Seven major industrialized nation to do so.
#GlobalEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #EuropeanUnion #EuropeanEconomy #ItalianEconomy #Eurozone
China's Belt and Road plan could be good for Italy: Italian PM
https://www.reuters.com/article/us-china-italy-belt-and-road/chinas-belt-and-road-plan-could-be-good-for-italy-italian-pm-idUSKCN1QP20X
ืชืืืื ืืืฉื...
ืืคืืกื ืืืื ืชืืื ืืฉืืชืฃ
The #EuropeanCentralBank (ECB) says it will offer more cheap loans to banks in a bid to boost lending in a slowing #eurozoneeconomy - but only from September. The euro area's central bank sharply downgraded its forecasts for growth this year from 1.7% to 1.1% at the March meeting of its governing council - held against the backdrop of global economic headwinds and #Brexit uncertainty.
The new round of cheap bank loans marks the third time since the #eurozone crisis that the #ECB has launched so-called 'targeted longer-term refinancing operations' (TLTRO). It is the provision of long-term loans to banks, with the incentive that those who lend more to the real economy will be able to borrow more and at a lower interest rate than the ECB usually offers.
#GlobalEconomy #EuropeanEconomy #EuropeanUnion #EconomicPolicy #EconomicOutlook #EconomicGrowth #EconomicSlowdown #EconomicStimulus #GlobalSlowdown #EconomicRisks #Europe #Economy #EU
ECB to offer new cheap loan stimulus as eurozone slows
https://news.sky.com/story/ecb-launches-fresh-loan-stimulus-as-eurozone-economy-slows-11657656
The new round of cheap bank loans marks the third time since the #eurozone crisis that the #ECB has launched so-called 'targeted longer-term refinancing operations' (TLTRO). It is the provision of long-term loans to banks, with the incentive that those who lend more to the real economy will be able to borrow more and at a lower interest rate than the ECB usually offers.
#GlobalEconomy #EuropeanEconomy #EuropeanUnion #EconomicPolicy #EconomicOutlook #EconomicGrowth #EconomicSlowdown #EconomicStimulus #GlobalSlowdown #EconomicRisks #Europe #Economy #EU
ECB to offer new cheap loan stimulus as eurozone slows
https://news.sky.com/story/ecb-launches-fresh-loan-stimulus-as-eurozone-economy-slows-11657656
ืืคืืกื ืืืื ืงืืืฅ ืืฆืืจืฃ
#Tariffs will be cut to zero on 87% of imports to the #UK as part of a temporary no-deal plan but prices of some imports including meat, shoes, underpants and cars will go up. In an attempt to prevent a ยฃ9bn price shock to business and consumers while 'supporting farmers and producers who have been protected through high #EU tariffs', the government on Wednesday (Mar 13) set out its long-awaited pricing regime in the event that the UK crashes out of the EU on 29 March.
The announcements were made in a last-ditch attempt to concentrate the minds of MPs who will be voting later on Wednesday to reject a #nodealBrexit after Theresa Mayโs 149-vote defeat. The government described the announcement as a 'modest liberalisation' of tariffs designed to minimise disruption to business and avoid price shock in the supermarkets. The measures also raised immediate concerns about #NorthernIreland being turned into a smugglersโ paradise after it was revealed that tariffs would not apply to goods crossing from the #RepublicofIreland into Northern Ireland.
#GlobalEconomy #EconomicOutlook #EconomicGrowth #EconomicSlowdown #EconomicRisk #EconomicPolicy #Economy #BrexitDisruption #UnitedKingdom #Europe #EuropeanEconomy #UKEconomy
UK will cut most tariffs to zero in event of no deal #Brexit
https://www.theguardian.com/politics/2019/mar/13/brexit-tariffs-on-87-of-uk-imports-cut-to-zero-in-temporary-no-deal-plan
The announcements were made in a last-ditch attempt to concentrate the minds of MPs who will be voting later on Wednesday to reject a #nodealBrexit after Theresa Mayโs 149-vote defeat. The government described the announcement as a 'modest liberalisation' of tariffs designed to minimise disruption to business and avoid price shock in the supermarkets. The measures also raised immediate concerns about #NorthernIreland being turned into a smugglersโ paradise after it was revealed that tariffs would not apply to goods crossing from the #RepublicofIreland into Northern Ireland.
#GlobalEconomy #EconomicOutlook #EconomicGrowth #EconomicSlowdown #EconomicRisk #EconomicPolicy #Economy #BrexitDisruption #UnitedKingdom #Europe #EuropeanEconomy #UKEconomy
UK will cut most tariffs to zero in event of no deal #Brexit
https://www.theguardian.com/politics/2019/mar/13/brexit-tariffs-on-87-of-uk-imports-cut-to-zero-in-temporary-no-deal-plan
ืชืืืื ืืืฉื...
ืืืชื ืืืื ืฉืื ื ืืืขื ืื ืคืืกืืื ื ืืกืคืื