Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-313-250"
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"en.20120523.15.3-313-250"2
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"I am voting for this report, since I consider it essential to balance trade relations between two of the largest trading blocs in the world: the EU and China. The Chinese authorities have affirmed the need for growth based on increased living standards and the corresponding increase in domestic consumption, which may represent great economic opportunities for the EU. However, we cannot ignore the fact that the main reason for this imbalance is that European business cannot currently invest in China under the same conditions that Chinese investors enjoy in Europe. Moreover, it is worth noting that trade barriers still hinder access to Chinese markets, that there is a lack of equality in relation to public procurement, that there is a lack of intellectual property protection which deters European investors specialising in new technologies, and that the Chinese authorities impose restrictions on the country’s raw materials. In view of this, I will support greater economic cooperation between the EU and China only on condition that European businesses can operate under the same conditions in the Chinese market that Chinese investors enjoy in Europe. Otherwise, we will only exacerbate existing imbalances between these two economic blocs."@en1
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