China is 'open' to TTIP if it is open: Official
BEIJING - China "takes an open attitude" toward the Transatlantic Trade and Investment Partnership, a trade deal being negotiated between the European Union and the United States, so long as it is "open and transparent," a Chinese official said Wednesday. China has been paying attention to TTIP negotiations, and China takes an open attitude toward any free trade agreement on global trade liberalization and regional economic integration so long as it sticks to the principle of openness and transparency, Shen told reporters. "China holds that free trade deals in all regions and of all types should be transparent, open and inclusive, and be conducive to promoting the well-being of people all over the world. The EU and the United States, accounting for 47 percent of global economy, 28 percent of international trade and 53 percent of foreign investment, have conducted 11 rounds of TTIP negotiations covering fields including market access, the service sector, investment and IPR.
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