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2012-05-16
G8 Summit: President Obama To Press Chancellor Merkel On Euro-Zone Growth Package

Water Policy Needs 'Radical' Change To Protect People And Environment

U.S. Nuclear Weapons Upgrades - Experts Report Massive Costs Increase

Discussion: Greek Politicians Debate Election Disaster - 'If We Leave The Euro, Everything Will Be Worse'

Practiced Civility - Politesse Trumps Policy As Hollande Meets Merkel

Aftermath Of An Election Debacle - Merkel Fires Environment Minister Rottgen

In U.S.: Georgia Police Escort School Buses After Rifle Threat

Disses And Death Threats - Rapper In Germany Fears For Life After Fatwa

Ratko Mladic Goes On Trial For Bosnia War Crimes

2012-05-15
U.S. Justice Dept. Opens Investigation Into JP Morgan's $2 Billion Trading Losses

Conflict With Far-Right Party - Young German Muslims Defend Right To Protest

Rebekah Brooks Defiant Over Charges Relating To Phone-Hacking 'Cover-Up'

Delayed Indefinitely - Unraveling Berlin's New Airport Debacle

New Elections In June - Markets Fall As Greek Talks Collapse

News Analysis: Standing Firm - Germany's Merkel Won't Budge On Austerity Despite Setback

Better Than Expected - German GDP Surges As Euro-Zone Split Widens

Former Mexican Official Pleads Guilty To Aiding Cartel

Panel Calls For Steep Cuts In U.S. Nuclear Weapons

Checking The Vaults - Germans Fret About Their Foreign Gold Reserves

French President Inaugurated - Hollande Under Pressure To Score Quick Victories

Report: Resources Being Stripped Faster Than Planet Can Renew Them

2012-05-14
North Dakota Oil Boom: Thousands Pin Their Dreams On Striking It Rich

Time To Admit Defeat - Greece Can No Longer Delay Euro Zone Exit

E.U.: Israel Putting Any Two-State Peace Deal At Risk

JP Morgan Investment Boss Ina Drew Quits Over Bank's $2 Billion Investment Losses

Commentary: 'It's Going To Get Harder For Merkel'

Couples Therapy - Germany's Merkel And France's Hollande Are Damned To Get Along

Gulf Unity On Hold Amid Iranian Warning

News Analysis: Merkel's Defeat - Germany's Social Democrats Return To Relevancy

Champagne Before Crash - Pilot Bravado May Be To Blame For Russian Superjet Disaster


The Hard Sell - Merkel Seeks Euro-Zone Investment From Beijing
2012-02-02 05:41:06 (15 weeks ago)
Posted By: Intellpuke

Many in Europe have been eying Beijing's trillions as a possible solution to the continent's debt crisis. During her trip to China, German Chancellor Angela Merkel plans to promote investments in the debt-ridden euro-zone countries. But the Chinese have so far been tight with their money. Will Merkel succeed in getting Beijing to bend?

The caricature of the euro shows a small and ailing little man -- unshaven, bandaged and weak, his eyes peering down at the ground in humility and carrying an old hat in his right hand to collect money. Angela Merkel, who is accompanying this sad creation, looks serious as she knocks on the imperial gate seeking entry -- and to plead for a small handout for her problem child.

The picture created by a caricaturist for China's English-language Global Times newspaper isn't a very nice one. But there is a nugget of truth in the exaggerated image. Merkel isn't exactly going to be begging when she begins her three-day visit to China on Wednesday, but neither will she be opposed to leaving the country with one or more deals bringing multi-billion Chinese investments to the debt-plagued euro zone.

This is Merkel's fifth visit to China, with relations intensifying considerably in recent years. This time, however, German government officials have said they are "extremely pleased with the timing" because the trip is taking place just after the most recent European Union crisis summit, where a pact for stricter budget discipline in Europe was agreed, which Merkel touted as a "masterpiece." The chancellor now wants to explain the pact to the Chinese "first hand," say officials in Berlin. According to government sources, the chancellor, who also heads the conservative Christian Democratic Union (CDU) party, wants to report to Beijing on how Europe is moving down the path toward a stability union. "It is important to foster confidence in the euro zone," said the official.

(story continues below)




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