. Space Industry and Business News .




.
POLITICAL ECONOMY
Euro crisis to top agenda of Merkel's visit to China
by Staff Writers
Berlin (AFP) Jan 31, 2012


The eurozone debt crisis, Iran and Syria will be among the topics up for discussion when German Chancellor Angela Merkel makes a two-day trip to China this week, government sources said Tuesday.

In her fifth visit to the world's number two economy, accompanied this time by a 20-strong trade delegation, Merkel is to arrive Thursday for talks with Premier Wen Jiabao and President Hu Jintao in Beijing where she will be welcomed with military honours.

The German leader will then make a key address on the euro crisis to the Chinese Academy of Social Sciences.

Germany and China, the world's top two exporters, enjoy vibrant trade relations and China will be this year's partner country at Hanover Fair, the world's biggest industrial fair in the northern German city in April.

This year also marks the 40th year of diplomatic relations between the two countries.

"We've achieved a great deal with China in recent years," Merkel said in her weekly video podcast on Saturday.

Last year, for example, saw the establishment of government consultations between Berlin and Beijing, and Wen and 13 ministers travelled to the German capital for talks with Merkel.

"The priority now is to follow up on what we agreed at those first consultations," the German leader said.

With an eye on an EU-China summit in mid-February, Merkel will meet investors and canvass for increased confidence in Europe, a government source said.

"China has repeatedly stressed its interest in a stable euro. It is in China's interests, too, that Europe return to growth," the source said.

Similarly, there will also be discussions on possible increased Chinese involvement in the International Monetary Fund.

With regard to trade, while no major contracts look set to be signed during the trip, talks will focus on access to the Chinese market, investment and intellectual property rights.

"Bilateral trade is good but for all sorts of reasons there are problems at the investment level. Europeans think that China lacks transparency on intellectual property rights," said Liu Zuokui, a researcher at the Chinese Academy of Social Sciences.

On the second day of the visit, Merkel will be accompanied by Wen and corporate executives from the energy, chemicals, engineering, banking and electronic sectors to Guandong, economically the strongest of China's provinces where nearly 500 German companies are already present.

On the agenda will be so-called rare earths which are used in the production of high-tech products and which are of "very great importance for the German economy," the source said.

Among the political topics to be discussed, Merkel will urge China not to use Europe's ban on Iranian oil to boost its own imports.

And the German leader will also ask for Beijing's support for a UN Security Council resolution against Syria.

Human rights will also figure highly on the trip, with Merkel keen to talk about minority issues and social development in China, the source said.

Related Links
The Economy




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



POLITICAL ECONOMY
China to launch database to curb property speculation
Beijing (AFP) Jan 31, 2012
China plans to launch a housing database linking 40 major cities, which analysts said Tuesday would close a loophole in ownership restrictions and lay the groundwork for a nationwide property tax. As property prices have soared out of the reach of many ordinary Chinese in recent years, authorities introduced a range of measures to cool demand, such as bans on buying second homes and levying ... read more


POLITICAL ECONOMY
Harnessing the predictive power of virtual communities

Congolese inventor puts African tablet on sale

SciTechTalk: The smartphone debate

Catalyzing new uses for diesel by-products

POLITICAL ECONOMY
Brazil to assemble Harris tactical radio

Northrop Grumman Wins Award for USAF Design and Engineering Support Program

Fourth WGS Satellite Sends First Signals from Space

Boeing to Build More Wideband Global SATCOM Satellites for USAF

POLITICAL ECONOMY
Russian launch of Dutch satellite delayed

MT Aerospace wins contract for operation and maintenance of launch facilities' mechanical systems

Proton-M, Dutch Satellite Taken to Launch Pad

Delta 4 Launches Air Force Wideband Global SATCOM-4 Satellite

POLITICAL ECONOMY
ESA Director General praises UK space innovation

Lockheed Martin-Built GPS Satellites Reach 150 Years of Combined On Orbit Service

LED lights point shoppers in the right direction

Opening of UK site producing the heart of Galileo

POLITICAL ECONOMY
Japan's ANA nine-month net profit down 10%

Stanford aero-engineers debut open-source fluid dynamics design application

Philippines welcomes PAL sale plan

Cathay to buy six Airbus planes for US$1.63bn

POLITICAL ECONOMY
Jumpstarting computers with 3-D chips

Researchers Devise New Means For Creating Elastic Conductors

Cooling semiconductor by laser light

A new class of electron interactions in quantum systems

POLITICAL ECONOMY
NASA Finds 2011 Ninth-Warmest Year on Record

Satellite observes spatiotemporal variations in mid-upper tropospheric methane over China

NASA Sees Repeating La Nina Hitting its Peak

Map project accuses Google users of edits

POLITICAL ECONOMY
China detains seven as water pollution fears widen

Trafigura director can be prosecuted says Dutch court

Philippine court orders massive dump site closure

Drone discovers 'river of blood' in Texas


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement