China-Europe Relationship and Transatlantic Implications

As trade between Europe and China grows, we want to examine how individual European countries balance their interest in Chinese investment with EU-level economic priorities vis- -vis China. While China provides a vast market opportunity for European companies, there are also a number of areas of concern, such as intellectual property theft, forced technology transfers, and Chinese government limits on market access. Today's hearing takes place at an important time. With continuing concerns about the European sovereign debt crisis, there are still many questions about what role China will play in resolving that crisis. EU leadership has been trying to build support for a European Financial Stability Facility (EFSF), seeking financial help from the IMF, the United States, and other rich countries around the world. But it has been China that they have been wooing the most.