Chinese Premier Wen promises to support EU recovery, seeks relaxed trade rulesBy AP
Sunday, October 3, 2010
China says committed to EU recovery
ATHENS, Greece — Chinese Premier Wen Jiabao is promising to address European concerns over his country’s investment rules and over copyright violations, but urged the EU to relax remaining trade barriers.
Wen is visiting Greece ahead of an EU-China summit this week and said his country was committed to assisting Europe’s post-recession recovery by backing a stable euro and not reducing his country’s holdings of bonds from EU countries, despite the EU sovereign debt crisis.
Speaking at Greece’s parliament Sunday, Wen urged the EU to recognize China’s “full market economy status” and relax remaining restrictions to high-tech exports.