China and the EU conversing in Beijing

"Like many manufacturers, EU representatives also hope China will soon adopt a more open stance to foreign interests, since its leadership realises that it would be in its own best interest to do so," Peter A. Fischer writes with reference to the EU-China summit. "Chinese President Hu Jintao has repeated on several occasions that he wants to promote sustainable, environmentally friendly economic growth. To do this China not only needs more Western technology, it must also focus on making its integration into the global market as smooth as possible, achieving greater legal security and reducing subsidies in the domestic energy sector. However, the EU will first have to demonstrate how it intends to lead a China that is increasingly confident and proud with a carrot and a stick."

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