Financial Times FT.com

China to go on European spending spree

By Geoff Dyer and James Blitz in London

Published: February 2 2009 17:27 | Last updated: February 2 2009 17:27

China will set up “procurement missions” to buy goods and technologies in Europe in an effort to stem protectionist sentiment in the region against its exports.

Wen Jiabao, the Chinese premier who was talking in London on Monday at the end of a five-day trip to Europe, said the procurement trips would be established as soon as possible.

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