EU Losing Billions in China

According to a new article in the International Herald Tribune published today, the European Union is losing billions of dollars that it could be collecting in China due to barriers in trade relations between the two entities.

The biggest loss for European companies is in the so-called 'Green Technologies' niche, environmentally friendly energy resources. This is considered by many speculators in the industry to be the next big thing in China, and many Eurpean companies specialized in this industry, but are unable to export their goods and services due to trade disputes between the EU and China.

I personally am no fan of globalization and hope China is able to keep Europe out of its backyard for as long a possible and create its own energy solutions without entangling itself in foreign treaties and negotiations.

Brandon J