China trade reputation rests on safety, says EU

Sun Nov 25, 2007 9:26pm EST
 
Email | Print | | Reprints | Single Page
[-] Text [+]

BEIJING, Nov 26 (Reuters) - China's long-term trade prospects depend on defusing international worries about dangerous and faulty exports, the top EU trade official said on Monday, while stressing the problem was not China's alone.

Recalls, mostly by U.S. companies such as Mattel Inc (MAT.N: Quote, Profile, Research, Stock Buzz), have stoked worries about buying cheap Chinese exports, which now account for about three quarters of the world's toys.

Mattel has recalled over 21 million Chinese-made products in the last four months.

European Union Trade Commissioner Peter Mandelson told a meeting on food safety in Beijing that a rash of recalls of toys, toothpaste and other consumer goods had shaken global confidence in China's exports.

Beijing had to clamp down on defective goods to retore buyers' confidence.

"While product safety is not a problem restricted to China, it will nevertheless be central to the global perception of China's growing weight as a manufacturer," he said, according to a text of his remarks issued by the European Union.

"China's long-term success depends on its reputation."

Foreign worries about Chinese-made goods have added to the country's woes about trade friction and its ballooning surplus with the European Union, which has been pressing for more open access to Chinese markets.

But Mandelson, who will also attend a China-EU leaders' summit in Beijing, also stressed that responsibility for the stream of product problems lay not only with Beijing.  Continued...

 

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended