Word: foreigners
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...crisis in 2008 and 2009), and strengthening ties with Russia, to the chagrin of Britain and France. "Behind the scenes Germany is still pretty much the puppet master in the E.U., pulling many strings," says Ulrike Guérot, head of the Berlin office of the European Council on Foreign Relations. "But sometimes Berlin is deciding not to pull any strings at all now, in which case nothing happens. Germany is starting to become good at avoiding Europe in a very subtle...
...find a single voice. China, for example, has become skilled at playing the E.U.'s individual members off against each other. "There is a complete absence of a strategic debate in Europe about China," says Daniel Korski, senior policy fellow at the European Council on Foreign Relations. Instead of tackling that failing - an obvious priority for this century - Europe has spent much of the past few months obsessing over how Washington views it. Obama has visited Europe six times since taking office, and made just one trip to China. But the U.S. President's decision to skip the Spain summit...
...they contemplate the future, leaders of the E.U. can no longer avoid the hard question: Is a common foreign policy what its member states - and their domestic political constituencies - really want? If it isn't, then the rest of the world can adjust its expectations accordingly. If it is, then Europeans can start the real work of public diplomacy, speaking out for their asserted virtues of tolerance, compromise and liberality, not in a condescending way, but in one that explains how the world's true dark continent in the 20th century found a path to peace. And the E.U. could...
...with retail spending rising by double-digit percentages every year, the immediate future looks good. For the most part, the companies poised to enjoy the splurge will not be multinational but Chinese. They know their home market, and how to overcome its obstacles. Some also offer instructive examples for foreign enterprises keen to ride the growth of Chinese consumer culture. Here are four: (See pictures of China's infrastructure boom...
...research, assessing how Master Kong is received in the homeliest neighborhoods. And that all helps further growth. Wei acknowledges that Master Kong has to stay humble. "If you tell people Kang Shifu is a company that makes good coffee, they will never believe it," he says (coffee being too foreign and expensive-sounding). "So our brand extension is limited by our customers." But those customers have been great for Tingyi, especially amid the uncertain economy of 2009, when it was a distinct advantage to be dealing in low-cost goods. For the first nine months of the year, Tingyi...