Assuming equal efficiency. You should look at the TOE figure for both economies to produce a million dollars of GDP.
Do you think massive industrial production and boutique app outfits take the same amount of energy?
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Assuming equal efficiency. You should look at the TOE figure for both economies to produce a million dollars of GDP.
I wouldn't say Germany is a challenger to Pax Americana today.
The EU as a whole so far is in sync with American interests, as long as it stays an economic union and doesn't transform into a political one.
Fat chance of that happening anytime soon.
LOL. Yeah. I think some Chinese take luxury brand too seriously.
woops my mistake!I agree dude, remember I said potential? Neither do I foresee a political union anytime soon, the "Fourth Reich" so far is only as real as a novel title.
It's also true that EU interests are so far in sync with that of US, except maybe say trade (or the lack of it) with Russia/EE, Ukraine civil war, weakening of Euro, MENA refugee, credit ratings of PIGS, complication in ME-Turkey, these all have far more implications on EU.
Do you think massive industrial production and boutique app outfits take the same amount of energy?
That is all true, however what is it you want to trade anyway? The biggest beneficiary of any agreement this visit brings will be the financial industry. You don't have much else (physical) to sell, except the stuff you don't want to sell (jet engine technology).
As more Chinese go abroad and see the type of people wearing certain brand name, they will rethink. I remember it was all the hype back in the 90s to go to McDonald's in China but now McD's is just another fast food joint with high prices.I think many Chinese mistake style with fashion/ brand. I takes years to learn the difference.
What produces more GDP is the important factor.
And you don't put any value on "financial industry"? We have moved on from making these iron horse
London Wants to Become the Center of Chinese Currency Trading - Bloomberg Business
That is all true, however what is it you want to trade anyway? The biggest beneficiary of any agreement this visit brings will be the financial industry. You don't have much else (physical) to sell, except the stuff you don't want to sell (jet engine technology).
What produces more GDP is the important factor.
Financial industry employs very little people, but looks good on overall balance sheet. The above article, London will get that as a reward if UK will be the first foreign buyer of Chinese nuclear tech.
Financial industry is the most important.
UK will deal with any country that can preserve it's prosperity.