In a speech to the University of International Business Economics in Beijing on February 24 Mr Mandelson argues that: 1. "There is no greater challenge for Europe ...than to understand China and to forge new ties of partnership" with it. 2. China's new trading power carries with it new responsibilities. China has benefited from WTO membership and now has a key leadership role in a successful Doha Round. China's DDA contribution will be crucial to a successful Round. 3. China can show its commitment to the WTO system by, among other things, acting to moderate the rate of growth of textile exports to avoid a sudden surge, and by improving the enforcement of its legislation protecting intellectual property rights. 4. "If there is a perception of a lack of equilibrium in China's trading practice, a negative reaction will be inevitable."
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