国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Considering China as threat has no advantages

(Xinhua)
Updated: 2007-01-15 15:04

BRUSSELS -- The giddying Chinese goods pouring into the European market often causes alarm on the Western continent. But is the flow of China's exports an opportunity or a challenge? It is a recurring question that divides Europe and some even see the challenge as a threat.

Henri de Groot, of the Department of Spatial Economics of Vrije University, Amsterdam, however, is one leading economist who does not buy that theory.

"Considering China as a threat is not a fruitful standpoint," he said recently, "the net effects are positive."

Those who complained about China's strong exportation to the European market are actually benefiting from Chinese products, said de Groot, who recently published a report on the economic effect of emerging China on the Netherlands.

Thanks to Chinese exports, a characteristic shopping basket of an average Dutch household is currently around 300 euros per year cheaper, the report said.

"I am convinced that the gains from trade that we emphasize in our report are also relevant for other European countries," said de Groot, adding that access to cheap inputs and consumer products help reduce inflation.

Wim Suyker, an economist from CPB Netherlands Bureau for Economic Policy Analysis, said another advantage brought by China's economic development was lower mortgage rates caused by strong Chinese demand for foreign government bonds, prompted by its huge current account surplus.

Estimates vary, but Suyker said enormous Chinese foreign reserves might have led to the lowering of interest rates by one percentage point globally.

Suyker suggested Europe should adjust itself rather than head for protectionism.

"European policy makers should facilitate required adjustments prompted by the increasing role of China," he said.

"It has become a cliche to say that we should see China as an opportunity and not as a threat," Suyker said.

China's staggering development has also created a vast market irresistible to EU companies. They are investing heavily in China.

Sino-EU trade held on to its double-digit growth pace in 2006, with an annual volume set to approach US$300 billion.

Official figures show that the EU's real investment in China had added up to US$47.78 billion by the end of 2005, ranking the fourth largest source of foreign investment for China. There were altogether 22,680 Chinese enterprises jointly or solely invested by EU companies.

Taking this into consideration, the European Commission last month distributed a green paper for public consultation on its anti-dumping measures.

The EU executive arm said EU companies outsourcing were actually being hurt by its own anti-dumping measures, as illustrated in last year's shoe dispute with China and Vietnam.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
密云县| 深州市| 张家口市| 阜南县| 逊克县| 南皮县| 玛沁县| 凤冈县| 柘城县| 鄂托克前旗| 措勤县| 宁陵县| 乾安县| 乌鲁木齐县| 苗栗县| 西峡县| 深泽县| 韶关市| 诸城市| 温宿县| 新乡市| 昌吉市| 漳州市| 河西区| 龙州县| 图们市| 涪陵区| 安达市| 大足县| 丹东市| 洛扎县| 江西省| 墨竹工卡县| 灌云县| 广东省| 裕民县| 蒙阴县| 云阳县| 伊宁市| 东港市| 济南市|