The pioneer manufacturers of lamination film in China.

eu and chinese leaders meet in bid to solve trade row and ...

by:Top-In     2020-08-07
Overseas trade is one of the few bright spots in Europe and an important source of economic growth in the region, which has fallen sharply under the weight of the debt and banking crisis and the EU\'s gross domestic product (gdp) has fallen, the unemployment rate has risen steadily.
Trade between China and the EU grew to 500 euros, the largest trading bloc in the world with a population market. £344bn)
In 2011, the company doubled its size since 2003, Reuters reported.
Chinese companies are investing more and more in Europe, and the Chinese government is an important buyer of government debt in the euro.
China\'s foreign exchange reserves are the largest in the world, at $3. 24 trillion (£2 trillion)
Economists say about one of these quarters is made up of the euro.
Denominated assets.
At the same time, trade disputes are intensifying.
In a recent spat, the European Commission has accused China of selling solar panels on the EU market at below-cost prices, angering Beijing and threatening broader business relationships.
The Beijing government believes that China has not linked the purchase of EU government bonds to trade disputes, said Zhang Yongjun, an economist at China\'s Center for International Economic Exchanges --tank.
Wen criticized the EU over the handling of China\'s debt crisis: in September 20, 2012, Greece sold the London consulate and the Royal Cemetery debt crisis: Greece sold London properties to raise funds for Draghi\'s bond plan was threatened by the governor of the German central bank: the actions of the central bank are the work of the devil, but these two issues are inseparable from the relationship between the two countries.
\"An EU official played down the issues ahead of Thursday\'s summit, saying it was not a summit of major decisions, but a meeting focused on\" integration.
Chinese Premier Wen Jiabao will meet with European Commission President Jose Manuel Barroso and European Council President Van Rompuy, who represents governments.
They will also discuss human rights and sustainable development.
Reporters, the unnamed EU official, described trade disputes as \"relatively conventional\" and said they were working on the technical level of the Commission and the World Trade Organization.
\"There is a lot of trade between the EU and China, yes, there is some tension,\" he said . \".
\"We have to separate these things from our conversation.
We need a successful China. . .
China needs a successful EU.
The Financial Times quoted unnamed sources as saying that the EU had shelved controversial trade cases against China Telecom ahead of the summit.
Europeans are increasingly worried about what they call \"national capitalism,\" where the government has close control over private --
State-owned enterprises and state-owned enterprisesOwn company.
It can use a series of policies-
Such as cheap finance and raw materials
Unfair competitive advantage for a national company
This theme runs through a series of highlights.
Including China\'s rare earth export policy, aluminum foil trade and disputes over solar panels.
EU Trade Commissioner De Gucht said in May that-
EU administration is responsible for handling 27-member bloc -
The EU will consider new trade defense measures against cases where EU companies are concerned about the impact in China.
The European Union joined the United States and Japan to challenge China\'s restrictions on rare food at the WTO.
Used in advanced industries such as electronic products and renewable energy.
EU officials say these restrictions have allowed China
Technology companies can get cheaper raw materials.
The European Commission is also investigating a large number of dumping allegations against China.
To gain market share, the manufacturer sells the product at a price below cost.
Until the beginning of September, dumping charges were mostly low.
Aluminum foil, kitchenware, pipe fittings and other profile industries.
But two weeks ago, following complaints from manufacturers in Germany, Italy and several other EU countries, the European Commission launched an investigation into suspected dumping of solar panels.
In 2011, China exported more than $25 of solar panels to the EU.
\"The global financial crisis and the European debt crisis have caused great damage to the global economy,\" Chinese Vice Foreign Minister Song Tao said at a news conference on Monday . \".
\"The trade war is not good for both sides.
\"The eurozone crisis has hit demand in the EU this year, and the United States has made the EU the largest export market for China.
In August, China\'s exports to the United States increased by 3 pc over the same period in 2011, while exports to the EU fell by 12 pc. 7pc.
Leaders may confirm their willingness to finally sign an investment treaty --
Europeans want to be able to invest more freely in China and have better protection of their intellectual property rights in China.
China encourages Chinese companies to invest more in European companies, which will help them acquire better foreign technology.
Geely\'s parent company bought Ford\'s Volvo car in 2010.
This year Sany Heavy Industries acquired the German manufacturer of concrete pumps, Putzmeister.
Last month, China Weichai Power, a subsidiary of Shandong Heavy Industries Group, said it would buy a stake in 25 PCs from Germany\'s Kion Group, the world\'s second-largest forklift maker.
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