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glacierpeaks:
EU exports to China decrease

One would think so, but I am not sure. I am under the impression that a lot of EU exports to China either is precision-machinery or luxury items, neither of which is very price sensitive. In fact luxury items can sell better if the price goes up, as it then becomes more, eh, luxurious.

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Tue Jul 27th, 2010 at 07:15:12 PM EST
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But Europe remains a significant producer of intermediate goods for domestic industry, and some of that will go to China if they begin targeting the € for mercantilist ForEx policy (unless Europe starts doing the whole "industrial policy" thing - but given the attitudes of the nitwits in charge Serious People, that's about as likely as finding a single molecule of active ingredient in a homeopathic nostrum).

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Jul 27th, 2010 at 07:39:20 PM EST
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