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News 200710-19: EU says may have to change trade stance on China
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BRUSSELS (Reuters) - The European Union may take a different stance towards China over its growing trade surplus with the bloc if Beijing does not open its economy more to foreign exporters and investors, the EU executive said.

"If China does not pull its weight then inevitably we will be faced with calls for a different approach," said Peter Power, a spokesman for EU Trade Commissioner Peter Mandelson.

"Maintaining open trade in both directions is the best solution for both sides. This remains our objective and we can only achieve it if China is committed to practical measures."

Source: Reuters

18 Oct 2007 20:08
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