25 Feb 2016
EU AND CHINA TRADE AND INVESTMENT – 25 FEBRUARYBrussels Daily
Read here Speech by Cecilia Malmström, The EU and China: trade and investment in the global economy
at China Association Event, London
- It’s the world’s third largest economy after the European Union and the United States.
- It’s the EU’s second largest trade partner, and the UK’s second largest partner outside of the EU.
- It’s a major investment partner too. The EU has stocks of 117 billion pound sterling in the Chinese economy. And China is a growing source of foreign investment for the EU. Chinese investment in EU in 2014 is four times what it was in 2008.
- And, if we just look at our exports alone, over 3 million jobs here in Europe depend on our sales in China.