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Peter Mandelson served as the European Union’s trade commissioner from 2004 to 2008, during which time he was responsible for the EU’s trade negotiations with China. Here he writes for China Business Law Journal on the developing relationship between the EU and China and the need to fight protectionism

Since I left office in May this year, I have been to China more than to any other country. I have returned to the places and met the people with whom I forged such strong relationships when I was European Trade Commissioner. Why? Because trade is one of the key conveyor belts of growth and opportunity around the world. Because China’s growth has become one of the main motors of this conveyor belt. And because European business makes a big contribution to China’s growth.

Peter Mandelson
Peter Mandelson

On my most recent trip, I read in the Economist that they have just created a new “Sinodependancy” index of 22 major Western companies which generate a large proportion of their revenue in China.

But dependency works both ways. It is as important for China as it is for us. China’s successful integration into the global economy is essential for its development. This will become even more so as the country prospers and demands more knowledge and technology transfer, together with international outlets for its products and overseas investment.

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Peter Mandelson served as the European Union’s trade commissioner from 2004 to 2008, during which time he was responsible for the EU’s trade negotiations with China. He was a close political ally of former UK prime minister Tony Blair. A figure of some controversy, he was twice forced to resign from the UK cabinet, but was reappointed as a minister in 2008 and made a life peer. In early November he made his latest visit to China.

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