i I believe that French economical model is far closer to free enterprise than Chinese. At least no party bosses are meddling in it in France.
I'm not sure I agree with you on that Eugene,
the french (and italy to some extent) have had quite the protectionistic view to "their" own enterprises. It's a huge burden on the EU's budget that the french winemakers should continue to recieve subsidies because "their families has always produced wine". Foreign investors are welcome to China, they must abide to the same rules as chinese entrepeneurs though, sort of like Bill Gates and MS must obey EUs competition laws. Just because some nations within EU belong to the same monetary regime it doesn't make them completely interchangable. And that is some problems that the EU must adress (wherfore I think it's pure idiocy to call for referendums on matters concerning the EU. We elect our national leaders and by that it should be in our own interest to find out their stance in matters concerning EU policy).
The nations within EU are not on equal footing in a whole plethora of matters, for instance Sweden who has commenced great land reforms (just as one socio economic transformation commenced) already in the 40s and 50s for the sake of agricultural efficiency are now paying a lot (net payee) to countries who can compete with cheap labour and low corporate taxes but does not call much upon their own citizens for sacrifies to have a raised social standard they desire. Why should Sweden , where citizens have voted for a relative high social standard financed by a high level of taxation pay for nations with lower social standards so that these nations can compete out investment capital from Sweden. And remarkably the nations with the lower general social standards tends to be rather paternalistic with abortion prohibition. Why should we subsidize their low tax rates?
There is a lot that needs to be adressed as regards taxation (the only really harmonized is the turnovertax system but that does not block what is labeled as harmful competition), social benefits and regulations of workforce (why should polish workers in other countries be allowed to follow polish workregulations if the acts on social benefits state that it is the working country which decides which benefits you're entitled to?)
Alan Johnson has a point in what he recently said:
http://news.ft.com/cms/s/4e811fde-c270- ... e2340.html
Otherwise I see the whole project dismantle to something looking like an expensive project evolving to, in harsh words, more or less an anarchy where people and enterprises shops for rights without liabilities.