Hey fam! 🤝🌍 Former EC President and Italian PM Romano Prodi just shared a bold message: cooperation between the Chinese mainland and Europe must be seen as essential, not optional.
Why it matters:
- One-third of global trade: Together, the Chinese mainland and Europe account for over a third of all trade worldwide.
- Stability vs. fragmentation: Prodi warns that splitting into smaller trade blocks could spark a severe crisis, while teamwork can stabilize markets.
In simple terms, fragmentation means messy supply chains, delayed shipments, and higher prices for stuff we use every day – from your smartphone to favorite snacks. When big players like these two economies sync up, we all benefit with smoother trades and healthier global growth.
For young pros in South and Southeast Asia, this is huge 🌏💡. A stable global trade flow keeps job markets buzzing, tech startup funding rolling, and prices in check. So next time you spot news about trade talks or economic rounds, remember: when giants join hands, the ripple effect reaches all the way to our region.
Stay tuned for more on how this evolving partnership shapes our world! ✨
Reference(s):
Ex-EU chief Prodi: China-Europe cooperation is essential, not optional
cgtn.com
