Chinese Premier Wen Jiabao, EU Commission President Jose Manuel Barroso and EU President Vaclav Klaus, who hosts the EU-China Prague summit
For the complete report from the EUobserver click on this link
China lies at heart of Europe's recovery, says Brussels - by Andrew Willis
Speaking on the eve of the eleventh EU-China summit to be held in Prague, European commissioner for external relations Benita Ferrero-Waldner highlighted the central role China will play in Europe's economic recovery. "China is one of our most important partners in meeting the challenges of today and tomorrow," Ms Ferrero-Waldner told policymakers and diplomats gathered in Brussels for a conference on EU-China relations organised by Friends of Europe and the Security and Defence Agenda, a pair of Brussels think-tanks. Exports from the EU's 27 member states to China rose to €78 billion in 2008 compared to €26 billion in 2000, while its imports from China rose from €75 billion to €248 over the same period.
Note EU-Digest: The trade figures between the the EU and China nevertheless reflects a substantially increased trade deficit for the EU with China which needs to be addressed. China's carbon emissions problem could possibly be used as a trade off in coming to acceptable solutions as to fair trade and climate change
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