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Thank China for saving global economy, ECB analysts say (www.euractiv.com)

submitted 1 day ago by schizoidman@lemmy.zip to c/world@quokk.au

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cross-posted from : https://lemmy.zip/post/68671425

China’s massive oil reserves and diversified energy mix have helped soften the Iran war’s global economic impact, European Central Bank (ECB) economists have said.

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[–] tardigrade@scribe.disroot.org 6 points 1 day ago (1 children)

Yeah, and don't forget Europe saves China for keeping its markets open as China depends heavily on exports given consumer confidence in its domestic market is low, the property crisis is still looming, public debts are increasing, U.S. tariffs are high, ...

Oh, and the same propaganda works also elsewhere, of course. As one example:

China does Australia an 'enormous favour' to keep oil prices down

To save you a click: It's basically the very same narrative, but this time it's not Europe but Australia. As if China had stockpiled oil to help others ...

[–] doben@lemmy.ml 3 points 1 day ago

So you‘re jumping to every cross-post to make sure everyone get‘s your anti-China, but Europe the savior narrative with a c&p comment? Cool, I can do that, too:

Oh, so now even the western outlets are doing propaganda for China? Isn‘t that odd?!

Good thing Europe will save the economy and is actively saving China! How very mean of China to leave Europe in such a bad light, instead if thanking us!