Despite aggressive demands even exceeding WTO framework. Mandelson artfully said this represented China's 'strong leadership style.'
It was no easy job to bargain with Bo Xilai, a powerful opponent. Mandelson hoped to continue to put pressure on the issue of intellectual property rights.
Bo Xilai on the same occasion persuaded the US not to appeal to WTO. He said if the US took the issue of intellectual property rights to WTO, there would be serious adverse effects.
EU is China's largest export market; EU'S trade deficit with China last year was US $133 billion. Mandelson said yesterday that China would soon become the world's largest exporter.
Fibre2fashion, News Desk - China
marketing@alchempro.com
