Chinese distance themselves from Eurozone bailout, saying Europeans are kinda lazy. Jin Liqun, head of China’s sovereign wealth fund: “I think if you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of their worn out welfare societies. I think the labour laws are outdated – the labour laws induce sloth, indolence rather than hard working. The incentive system is totally out of whack.” Memo to Merkel and Sarkozy: the check is NOT in the mail. Occupy China?
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Painfully obvious not a single penny would go go back to the Chinese coffers.
See... East Asians are the smartest people on earth. Observant, at the very least.
Not good, not good. That remark velly LAAAAACIST!
I agree with China that Europe needs reform but still this subject reminds me of a joke Leno told about a year ago. There was a state dinner at the White House for the leader of China. At one point the leader bent down and asked Obama's daughter 9-year-old Sasha:"How many iPods do you think you could make in an hour?"
In the past, one might say China saying you're too socialist would be like Obama saying you take too many vacations. But China isn't really European-socialist anymore, if it ever was (back in the Mao days, it was like today's North Korea, only bigger.) Today's China does more resemble a huge work camp run for the benefit of crony capitalists than anything else.