European Union Trade Commissioner Peter Mandelson is warning that China could face anti-dumping measures if Beijing fails to take steps to narrow its huge trade gap, a news report said Friday. The Financial Times said Mandelson delivered the warning in an interview ahead of next week's meeting in Beijing between EU and Chinese leaders. EU officials say European leaders will press Beijing for faster action on trade and investment barriers and on loosening currency controls. Mandelson said Europe "could be forced to use anti-dumping measures to defend itself against Chinese exports" if Beijing fails to help reduce a growing trade imbalance, the FT reported.
"Europe is becoming more open to China, but I can't sustain that unless China shows the same openness to us," Mandelson told the FT.
China's trade surplus with Europe,its biggest trading partner,rose nearly 50 percent to $13.9 billion (9.5 billion euros) in October over the same month in 2006,according to the Chinese government.
Mandelson said Chinese leaders must reduce non-tariff barriers,regulation and discrimination against European companies,the FT said.
"When we pin them to the actions, they respond in terms of trade fairs and investment promotion," he was quoted as saying. "I don't want takeaways or overnight presentational devices. I want real sustained action to remedy the problems."
The EU delegation visiting Beijing next week is led by the president of the European Commission, Jose Manuel Barroso, and Prime Minister Jose Socrates of Portugal, which holds the rotating presidency of the 27-nation group.
On Thursday, the European Chamber of Commerce in China said a new survey of European companies found many skeptical about Beijing's ability and willingness to carry out its World Trade Organization market-opening commitments. Some 38 percent said China was actively seeking loopholes to avoid compliance, according to the chamber.
