Finance ministers say Europe is increasingly dependent on Chinese and US technology
It boasts the world’s second biggest economy, a huge consumer market of about 500 million people and prodigious pools of talent and capital, not to mention two of the world’s most important financial centres.
But Europe is struggling to match its great rivals, the US and China, in creating the kind of global firms that increasingly dominate the 21st-century marketplace.
In 2012, six major European newspapers came together to launch joint editorial projects to dig deeper into pan-European issues, understand the EU better and investigative the good and bad things emerging from the continent.European companies can't compete against global giants
Finance ministers say Europe is increasingly dependent on Chinese and US technologywww.theguardian.com