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Living and dying by the dollar

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February 2007

Duncan Freeman With the euro gaining against both the RMB and the US dollar, rebalancing Europe-China economic relations will not be easy

The European Commission's strategy to manage economic relations with China is based on delivering benefits to both sides. The Brussels view is that so far China has grabbed the lion's share of the returns and Trade Commissioner Peter Mandelson will seek dialogue and cooperation - and, failing that, the possibility of enforcement - to achieve equity.

Much of this strategy depends on achieving policy change in China that will reduce the flow of exports and open its markets to ...

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