Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-313-750"

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"en.20120523.15.3-313-750"2
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"I deplore the difficulties encountered by European businesses that want to export to or invest in China, particularly in the banking, insurance and telecommunications sectors, while China is expanding its investment in Europe. The European Union must fight against unfair competition from China and restore the balance of trade. We sought the establishment of an agency to monitor China’s investment in Europe, in European businesses and in the purchase of sovereign debt. We need a partnership based on reciprocity of rules as well as balance and transparency of bilateral trade relations. The report encourages China to open its markets more to European businesses, particularly its public procurement markets, and to accede to the multilateral WTO Government Procurement Agreement (GPA). Finally, we recall that customs cooperation between the European Union and China is crucial in the fight against piracy and counterfeiting."@en1

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