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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Rolla Coasta who wrote (40360)	9/25/2008 6:00:53 AM
From: elmatador	Respond to of 218074

If Zebra is alive tick can live in symbiosis. If too many ticks attack zebra and suck all its blood, zebra dies, and all ticks die. China tick kept Zebra alive. Is to be seen if tick China will not let zebra die. China tick hard at work finding new zebra. Financial woes spur China, EU trade co-operationReuters, Thursday September 25 2008 BEIJING, Sept 25 (Reuters) - The current global financial turmoil gives China and the European Union even more reason to step up their cooperation and openness in economics and trade, the two sides' trade chiefs said on Thursday. Chinese Commerce Minister Chen Deming and EU Trade Commissioner Peter Mandelson said following talks that they had reached "points of consensus" on a range of issues, from intellectual property rights to trade in agricultural goods. Both emphasised that continuing in such a direction was of particular relevance given the uncertainty hanging over the global economy in the wake of the U.S. subprime crisis. "I want to stress the importance of enhancing strategic cooperation between China and the EU, particularly against the current backdrop of such volatile and complicated financial conditions," Chen told reporters. "Improving our cooperation will play a stabilising role for the global economy. That's very, very, important," he said. Mandelson said he hoped the credit crisis would spur China to liberalise further, not stall on reforms. "We stand to gain much more by opening up our economies to further trade and investment than we have risks to bear," he said. "Isolationism and protectionism will not help either of us in facing the economic challenges that we are experiencing." Mandelson is on the second day of a four-day visit to China during which he will also meet Vice-Premier Wang Qishan. A joint statement said China had expressed "great concern" at the proliferation of EU anti-dumping cases aimed at Chinese imports. The EU has taken 12 anti-dumping actions against China in the past 12 months, in industries from preserved mandarins to energy-saving light bulbs. However, one EU official said the cases involved just one percent of the 27-member bloc's imports from China. The EU, meanwhile, confirmed that a recent technical assessment report recognised that China had made "significant progress" towards Market Economy Status. Designating China as a market economy would offer more favourable terms for Chinese exporters when EU officials assess whether they are dumping their goods in Europe at below the cost of production. (Reporting by Jason Subler; Editing by Keiron Henderson)