It's not just the Eurozone. Back in October Jin said the same thing about Britain. I think he may have a sloth fetish.Using language recalling German tabloid depictions of "lazy Greeks", the chairman of China's sovereign wealth fund has said the EU as a whole suffers from "sloth" and "indolence."
Jin Liquin made the comments during a TV interview with Al Jazeera on Sunday (6 November).
"If you look at the troubles which have happened in European countries, this is purely because of the troubles of a worn-out welfare society. I think [the EU's] welfare laws are outdated. The labour laws induce sloth, indolence. The incentive system is totally out of sink," he said.
He referred to "some countries [which] happily retire at 55 to languish on the beach."
Jin contrasted the EU work ethic to the situation in China: "We in China are working very hard. The Chinese people are working very hard to build up our nation, to move forward. So if you say: 'European countries are in trouble why don't you pour you resources into these countries in trouble.' Our people would ask: 'Hey. Are you sure we can get a fair return on our investment?'"...MORE
From the Daily Mail:
How China sees Britain: 'Sloth-inducing' labour laws and lavish welfare system fuels economic problems
