Trade probes will not have long-term impact on China'
By Ding Qingfen | China Daily | Updated: 2009-11-30 07:45
Growing trade conflicts between China and the European Union will not erode trade cooperation and economic dependence in the long term, said experts and officials.
With high unemployment rate adding pressure on many governments in Europe to employ job-saving measures, Chinese exporters are falling on harder times.
According to the Ministry of Commerce, during the first three quarters, a total of 19 nations and regions have initiated 88 trade-remedy probes against China, with an impact of $10 billion. Europe alone launched four such investigations.
Photo