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Could you elaborate? I live in Norway, but isn't known to the China-Norway political relations.
by lovskogen 16y ago
Could you elaborate? I live in Norway, but isn't known to the China-Norway political relations.
- sasvari 16y agoThe director of the Norwegian Nobel Institute says a high-ranking Chinese official has warned him that giving the peace prize this year to a Chinese dissident would harm relations between Norway and China. http://www.google.com/hostednews/ap/article/ALeqM5iAekET4T1D_vzDMN4JW_xZyvgezAD9IGQKEG0?docId=D9IGQKEG0 http://www.google.com/hostednews/ap/article/ALeqM5iAekET4T1D...
- geirr 16y agoNorway started negotiating with China about a new trade policy in 2008. This was going well, and Norway might have been the first European country to get such a deal. According to Norwegian newspapers, it is now a great risk that China cancels the negotiations.
- arethuza 16y agoPresumably Norway is one of the few countries that doesn't have to worry too much about upsetting the Chinese - they have huge amounts of money and oil and Russia in between them and the Chinese.
- jacoblyles 16y agoHaving money doesn't mean that trade embargoes or tariffs won't hurt a country at the margin. The goods that are available to them to buy with that money through international trade will decline in number, which is a clear loss. You can't live on oil alone.
- riffraff 16y agowell, you may not be able to live on oil alone, but the oil funded norwegian sovereign fund already owns 1% of the global equity markets and are heading for 2% of the european stock markets (with the oil still being pumped out). Moreover, an embargo is only effective if it can be enforced, there is nothing stopping chinese goods going from other european countries, they would only have a bit higher overhead.