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China, the EU and Latin America : current issues and future cooperation
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96 China theEUandLatinAmerica:CurrentIssuesandFutureCooperation tobeintuitivelyreasonable sinceamongthemost displaced sectorsislabour intensivemanufacturing forexample textilesandclothing ), whichutilises considerableunskilledlabour. SomedescriptionsoftradeinthesesectorsshowstronggrowthinChinese exportstoMERCOSURintextiles clothingandfootwear whichreinforcedthe resultsmentionedabove.Inthefootwearsector in1999 importstotheregion accountedfor93 percentoftotalChineseimports whilein 2006they representedonly71percent.Intheclothingsector in1999 importstothe regionexceededChineseimportsby1.8times whilein2006theybarelytotalled 72.7percentofChineseimports.Themostdramaticcase however istextiles sinceimportstotheregionexceededtheimportsofChinesefabricsby8.5times in1999 butin2006theyweredowntoonly94percentofthem.Thetrendis clear SATSM2008 Ontheotherhand accordingtoUNCTAD 2005 ), intermsofdemand composition Chinasgrowth withtheresultingincreaseinpercapitaincome andstrongmigrationtothecities hasprovokedachangeinfoodpreferences causingafurtherriseindemandforlivestockproducts oilcrops vegetableoils fruitandvegetables aswellasariseintheuseofenergy productsinwhich LatinAmericaishighlycompetitive. 5.犆狅狀犮犾狌犱犻狀犵犚犲犿犪狉犽狊 Inlight ofthe generalconsiderations abouttrade relations between MERCOSURandtheEUpresentedabove whichemphasisednegotiationsonan FTAandthecharacteristicsoftradepatternsbetweenMERCOSURandChina itispossibletodrawanumberofconclusions. Aslong asthespecialisation of Chineseexportsadvancestowards more comparativeadvantagesin sectors with more valueadded high degree of transformation andleavesmoreroomforsectorsmoreintensiveinnaturalresources theEU duetoitsdevelopmentstrategy littlerelatedtoitsresources ), hasbeen inclinedtoprotectthissectorofitseconomy.InEurope therearenoticeable differencesbetweentheproductionpatternsofitsmemberstates andthusto onepartofitsagriculturalproduction concentratedincertaincountries the intraregionalmarketisveryimportant.Ontheotherhand theCAPandits basiscontinuetobeimportanttoEUsocioeconomicpolicyandtoits collective consciousness .ThiselementisnotpresentwithregardtoChina where onthe contrary theneedtoensurecertain minimumlevelsoffoodprovision raw materialsandenergy maygeneratetradeopportunitiesandchancesforthe creationofproductionchainsbetweentheMERCOSURcountriesandChina.