http://english.peopledaily.com.cn/200403/08/eng20040308_136823.shtmlChina wants compensation from the European Union for losses resulting from the bloc's enlargement on May 1, a Ministry of Commerce official has revealed.
The nation will lose out, as joining the EU requires the new members to scrap their own bilateral trade agreements with non-EU states.
The unnamed official said talks on the issue are currently taking place, but are not expected to be completed in the near future.
In the negotiations, China is asking for lower tariffs or more beneficial trade terms, such as increased quotas, in a number of areas, as yet to be revealed.
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