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The writer is a former caretaker finance minister and served as vice-president at the World Bank
One of the themes I have explored in the essays written for this newspaper is the impact on Pakistan of the massive changes occurring in the global economy and the structure of world politics. In the article today, I will examine how China is cultivating a closer relationship with the countries of the European Union and how that could affect the geopolitical space of which Pakistan is one part. China is moving in this direction because of the unrelenting hostility shown to it by Donald Trump's America.
Given the approach Trump has chosen to follow, Xi Jinping's China is looking for other partners in international economy and politics. China, a rapidly rising global economic power, owes much of its rise to exporting what were once cheaply produced products to the markets in the West β the United States and Europe.
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