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EU fears China will designate car industry 'strategic' - EU official


Published :
Wed, 24 Oct 2007 08:56
By : Agencies
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BEIJING (XFN-ASIA) - The European Union fears that China will designate its car industry 'strategic', a move that would place more restrictions on foreign players, EU official Heinz Zourek said.

Zourek, the European Commission's director general for enterprise and industry, was speaking to reporters in Beijing after two days of meetings with his counterparts.

Foreign auto makers already must establish joint ventures with local companies in order to set up in China.

david.stanway@xfn.com

will.davies@afxasia.com

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xfnwd/xfnjanm

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