EU leaders agree to cut emissions by at least 55% by end of decade

Re:EU leaders agree to cut emissions by at least 55% by end ... by mamon on Friday December 11, 2020 @10:58AM (#25387142)

> The EU is the biggest trading bloc in the world.

That recently changed: https://www.dw.com/en/asia-pacific-nations-sign-worlds-bigge...

> China is highly dependent on the EU and the US for trade

This is double-edged sword - EU and US are dependent on the imported goods. if the trade between China and the rest of the world stopped China would end up with abundance, and EU would be in serious trouble, not being able to buy basic things they need. Always better to have some real stuff than virtual money.

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Re:EU leaders agree to cut emissions by at least 55% by end ... by busterarm on Friday December 11, 2020 @12:12PM (#25388043)

> > The EU is the biggest trading bloc in the world. > That recently changed:

Both of those are by population and not by GDP.

GDP measures buying/negotiating power. ASEAN is _tiny_.

The US is still top of the heap.

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Re:EU leaders agree to cut emissions by at least 55% by end ... by mamon on Thursday December 17, 2020 @04:09PM (#25460444)

You must be thinking about AESAN countries alone, which have about $3 trillion GDP, but this free trade agreement also includes China ($13.6T), Japan ($5T) and Australia ($1.4T), placing it ahead of both USA ($20T) and EU ($15.6T)

That was my point - that China can just focus on trading with other Asian countries and be well. Especially if they someday manage to add India ($2.7T) to the mix.

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