Is the economic decline of Europe worse than the last decades of the Qing dynasty ? That's a question posed by Luis Vassy, director of Sciences Po, one of France's premier universities. It has caused something of a stir in Europe and China.
By Alex LO
"The European Union has seen its share of the world economy fall from 30 per cent to 17 per cent between 2008 and 2025, a span of 17 years," he wrote in Le Grand Continent, a European current affairs publication, last week.