Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-207-000"
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"en.20120523.15.3-207-000"2
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"Mr President, indeed, more reciprocity is needed in trade between the European Union and China. I greet with great pleasure the work done by the rapporteur, Marielle de Sarnez.
Perhaps the most harmful obstacle to balancing our trade with China is the difficulty that European companies face when trying to invest in China. Without achieving the same terms for Europe in this respect, we are doomed to an ever-increasing imbalance in our economic relations with China.
Equally important for us is fair market access. European firms must have access to the Chinese market on the same terms as Chinese firms have access to the European market. We also need new tools for greater transparency. Under-valuation of the yuan and the fact that it is non-convertible hamper our efforts to have more open and honest trading with that country. For all these reasons, it was clear to me that I should vote in favour of this report."@en1
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