Czech Prime Minister will take a tour of Asia to find a balance against China’s dominance of the markets

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Czech Prime Minister Petr Fiala will visit a number of Asian countries to counterbalance China’s dominance in trade markets. This mission will be one of the highlights throughout the tour, which includes visits to Vietnam, Indonesia, Kazakhstan, Singapore, Uzbekistan and the Philippines. informs TASS, referring to the words of a European politician.

The Czech head of government will be accompanied by a delegation of republican business circles on his trips to Asian countries. According to Fiala, the above states are interested in expanding their trade and economic ties with the Czech Republic.

“We will visit countries that want to cooperate with the Czech Republic. These are the states that, to some extent, can counterbalance the dominance of China (on the world trade markets – socialbites.ca), and which not only the Czech Republic, but the whole of Europe should take up by us. to be saved. We have to create alternative markets for ourselves,” Fiala said.

The work schedule of the upcoming tour of Asian countries is designed as seven days. The article concludes that the Czech delegation’s first stop will be Manila.

April 7 Compact version reportedThat Chinese authorities intend to create a “secondary economy” that will not depend on settlements using US dollars. As part of this strategy, China seeks to conduct more commercial and financial transactions in the yuan and developing countries’ national currencies.

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