China loses as EU focuses trade support on poorest
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BRUSSELS: Chinese clothing and textiles will lose their low-tariff support from the European Union under a reform of the blocâs preferential tariff scheme which aims to ensure that the worldâs poorest nations benefit most.
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China is launching a $1bn fund, backed by the Chinese Development Bank, to boost trade and investment in Africa.
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The European Union urged China to strengthen human rights as the EU considers ending a 15-year-old arms embargo that denies weapons makers such as BAE Systems Plc access to the growing Chinese market.
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Europeans accustomed to sneering at China as a producer of cheap shoddy goods must realize the world's most populous country is taking a great leap forward in the technology stakes, according to a new report that urges the EU to innovate or stagnate.
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Beijing - China urged Europe yesterday to refrain from &quot;putting up barriers&quot; in a new set of EU trade priorities that would hit Chinese textiles.
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China&#39;s car production and sales this year will be lower than expected and also the lowest increasesince China&#39;s entry to the World Trade Organization three years ago, according to industry experts.
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China and the European Union are making efforts to map out a new agreement, aimed at nailing down their strategic partnership into legal framework amid ever stronger political and economic relations.Comment
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Latin America&#39;s agricultural giant won a pair of trade victories against farm subsidies for rich countries after the World Trade Organization agreed that Brazilian farmers have been hurt by government assistance for US cotton farmers and European Union
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The retaliatory tariffs are less than the Europeans and others had sought, and they are far less than the $4 billion the WTO authorized the EU to impose in another case involving US export subsidies.
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China urged the European Union yesterday to end &quot;political discrimination&quot; and resume its arms trade, but failed to secure a clear commitment on the timing of such a move.
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EU countries are accused of failing to pursue policies that would make Europe the world's most dynamic market.
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PARIS, Jul 23 (IPS) - While China's growing trade and investment  flows to Africa have sparked a sometimes contentious debate with  the United States and Europe over who has the continent's  best interests at heart, a closer look at the dynamic developing  reveals a political landscape where the rhetoric is rarely in  line with the reality, observers say.
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BRUSSELS, Jun 8 (IPS) - When European campaigners suggest that a free trade  deal could harm the poor, they typically encounter a frosty  reaction from civil servants in Brussels. Still, no one tries to  muzzle them.
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BRUSSELS, Oct 29 (IPS) - Just two months before a deadline set by the  European Union for signing all-embracing free trade accords with  some of the world's poorest countries, the EU has admitted  that it will have to reduce its ambition.
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The end of a global trade pact could hit the world's poorest textile workers hard, charity Christian Aid warns.
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China called for the European Union to lift its arms embargo on Beijing but an analyst and EU official indicated no breakthrough was likely during Premier Wen Jiabao's upcoming European summit.
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The step could avert a trade war with the U.S. and the European Union over a new influx of low-cost Chinese garments.