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China May Become EU's Biggest Market

Data Analysis 04:22:47PM Feb 06, 2012 Source:SMM

2012-02-06 (China Daily)- China may overtake the US to become the European Union's biggest exports destination this year, the EU ambassador to China said on Monday.

Markus Ederer said at a press conference in Beijing that the conclusion was based on the current trade trends. EU is the biggest importer of Chinese goods as well as China's biggest technology supplier, he said.

Ederer stressed that the EU had set no barriers for Chinese investment in the market and treats all companies equally.

The EU welcomes China's investment and the country's "constructive approach" towards the EU debt crisis, Ederer said, commenting on German Chancellor Angela Merkel's visit to China.

He also added that the European Commission's review of public procurement rules is not aimed at China, and there is no timeline for the issue.


 

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China May Become EU's Biggest Market

Data Analysis 04:22:47PM Feb 06, 2012 Source:SMM

2012-02-06 (China Daily)- China may overtake the US to become the European Union's biggest exports destination this year, the EU ambassador to China said on Monday.

Markus Ederer said at a press conference in Beijing that the conclusion was based on the current trade trends. EU is the biggest importer of Chinese goods as well as China's biggest technology supplier, he said.

Ederer stressed that the EU had set no barriers for Chinese investment in the market and treats all companies equally.

The EU welcomes China's investment and the country's "constructive approach" towards the EU debt crisis, Ederer said, commenting on German Chancellor Angela Merkel's visit to China.

He also added that the European Commission's review of public procurement rules is not aimed at China, and there is no timeline for the issue.