European Council president Charles Michel takes part in a virtual summit with Chinese Premier Li Keqiang from Brussels on June 22. Photo: EPA-EFE European Council president Charles Michel takes part in a virtual summit with Chinese Premier Li Keqiang from Brussels on June 22. Photo: EPA-EFE
European Council president Charles Michel takes part in a virtual summit with Chinese Premier Li Keqiang from Brussels on June 22. Photo: EPA-EFE
David Brown
Opinion

Opinion

Macroscope by David Brown

Is Europe’s stimulus spending out of control? One way forward is to patch up trade relations with China

  • The amount of money earmarked for European recovery is huge, with scant regard for the consequences
  • Both the European Union and China need more bilateral trade to stand any hope of a stronger recovery this year, but concessions and compromise will be needed

European Council president Charles Michel takes part in a virtual summit with Chinese Premier Li Keqiang from Brussels on June 22. Photo: EPA-EFE European Council president Charles Michel takes part in a virtual summit with Chinese Premier Li Keqiang from Brussels on June 22. Photo: EPA-EFE
European Council president Charles Michel takes part in a virtual summit with Chinese Premier Li Keqiang from Brussels on June 22. Photo: EPA-EFE
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.