Sunday, June 12, 2005

China and European Union make agreement of dry goods exporting

European Union annouced that they make a greement with Chinese government about the exporting dry goods on Friday. They abolished the limit of Chinese dry goods which export to Europe and allowed it increase.

European Union allowed Chinese dry goods continue to get into the European market while they encourage their own dry goods market develope, because the society need the source but they can not product much enough.

Chinese government use the dry goods to make its economy better off and develope its other business while European Union use it to satisfy its own requirements. Both of these two side get benifit form the trade-off.

No comments: