Pakistan Today

Europe and the bitter Beijing pill

It can be safely said that Europe has no other option but to look towards China to dig their economy out of the mess that it finds itself in. China might have its own interests in bailing out Europe, but the fact of the matters is that as things stand – with U.S having many problems of its own and Germany also backing out – China and China alone can help Europe. Yes, China would want political favours in return but everything comes at a price. And I don’t believe that Europe has another choice. Beggars can never be choosers, this is just the way the word works.

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