China to EU: Yuan’t Getting Aid

The Chinese have taken a look at the EU’s plans to save the €uro and said “我不要 “. They have vetoed any financial aid unless they get guarantees for their investment. Sound familiar?

The €urozone should be worried about its isolation from the world’s emerging economic super-power. China’s biggest investment market in Europe is the UK and 62 Chinese companies have chosen to list on London’s stock exchanges, ignoring Paris and Frankfurt. The Chinese sovereign wealth fund is expected to invest tens of billions in the UK’s now green-lighted infrastructure projects.  Hardly surprising given that the UK reciprocates by investing more in China than any other EU nation. Would you yuan’t to risk investing in the €urozone after the ratings agencies put most of the zone’s banks on credit watch? Having a currency crisis is fundamentally isolating…


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Lucy Allan explains her positive comments about the Brexit Party…

“If EU elections are held, Leave supporting voters will want to vote for Leave supporting candidates… Usual party loyalties will be eclipsed by the Leave v Remain divide. It’s good to see strong candidates in the Leave camp. However, I sincerely hope we leave the EU before these elections are held so that we can move on and not waste time and money on unnecessary EU elections.”

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