To an all weather partnership. Kishore mahbubani was singapores former ambassador to the united nations. He gave me a sense of what lies ahead for eu china relations. Trade differences are normal. The important thing is notjust the trade in balance but the trade volume. At the end of the day, as you know, europe is looking for new sources of growth for itself and europe is acutely aware that china is going to become a very, very important market for eu products too, and let me give you some very important statistics so listeners understand how things have changed. In the year 2000 the european economy combined, eu economy combined was six times bigger than chinas economy. Now they are the same size. In five years time china will be bigger than the european union. Europe is aware of this. While they will have difficulties over trade they also rely china is it going to become the big market for them also, so thats also part of the european calculations. Do you seeing that the Balance Of
Be bigger than the european union. Europe is aware of this. While they will have difficulties over trade they also rely china is it going to become the big market for them also, so thats also part of the european calculations. Do you seeing that the Balance Of Power shifting, then, and they have to adjust accordingly . I think the europeans are acutely aware of the change in the Balance Of Power. And remember, for europe today, one nightmare that they really worry about is the reelection of donald trump coming in for a second time as president of the united states, and they know that donald trump has absolutely no emotional connection to europe. He does not quite see the value of his european allies, and europe may have to get a much more difficult geopolitical environment. In that difficult geopolitical environment, when europe is looking for ways and means to possibly restrain russia at that point in time, maybe they can talk with china. And as you know china played an Important Role
Become the big market for them also, so that s also part of the european calculations. D0 the european calculations. Do ou the european calculations. Do you seeing that the Balance Of Power shifting, then, and they have to adjust accordingly . I think the europeans are acutely aware of the change in the Balance Of Power. And remember, for europe today, one nightmare that they really worry about is the reelection of donald trump coming in for the reelection of donald trump coming infora the reelection of donald trump coming in for a second time as president of the united states, and they know that donald trump has absolutely no emotional connection to europe. He does not quite see the value of his european allies, and europe may have to get a much more difficult geopolitical environment. In that difficult geopolitical environment, when europe is looking for ways and means to possibly restrain russia at that point in time, maybe they can talk with china. And as you know china played an I
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