综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

EU should scale down systems

Updated: 2011-11-07 07:52

(China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

Comment on "Europe must take its medicine" (China Daily, Oct 27)

The author, M.D. Nalapat, is right that the European Union must scale down its social systems because it is facing a dramatic demographic change and the fiercest competition from Asia it has ever known.

I agree that developing countries should not buy European government bonds. But they should, as China does, invest more directly like in the case of Volvo. India and China could produce a share of their exports in the EU, too.

The causes of the EU debt crisis are several. The first is the major weakness of the Western democratic system. Voters are fed with promises, which are not covered by the real economic strength in a low growth environment.

Some ruthless players and politicians are unwilling to establish rules in the so-called financial markets.

Some sectors of Europe's industries are not competitive in the global market considering their high labor costs.

In the ill-constructed euro community, some countries are not able to keep up in productivity with others.

Johannes Rauter, via e-mail

Readers' comments are welcome. Please send your e-mail to opinion@chinadaily.com.cn or letters@chinadaily.com.cn or to the individual columnists. China Daily reserves the right to edit all letters. Thank you.

(China Daily 11/07/2011 page9)

西藏| 德兴市| 西吉县| 射洪县| 织金县| 海城市| 文登市| 建平县| 苍南县| 瑞丽市| 桂林市| 祁东县| 克拉玛依市| 庆元县| 剑川县| 唐山市| 郓城县| 巫溪县| 长阳| 喀喇沁旗| 渭南市| 家居| 开封市| 布拖县| 基隆市| 即墨市| 福泉市| 罗城| 北辰区| 青铜峡市| 伊宁县| 时尚| 八宿县| 曲水县| 普定县| 滕州市| 科技| 贞丰县| 南召县| 乌鲁木齐市| 康平县|