4 Amendments of Ieke van den BURG related to 2008/2171(INI)
Amendment 1 #
Draft opinion
Paragraph 2
Paragraph 2
2. Notes that the Chinese economy would need to encourage a more equitable share of the national income for workers and more private consumption in order to rebalance its current account; takstresses the view thatneed for an effective appreciation of its currency, which could be a way to both reduce inflationary pressures and improve external imbalances;
Amendment 4 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Expresses its concern about working conditions and employees’ rights in China; calls on the Commission to refer to compliance with the core ILO standards systematically in its formal and informal relations with China;
Amendment 6 #
Draft opinion
Paragraph 6
Paragraph 6
6. Believes that deep, liquid, open, transparent and well-regulated financial markets are capable of fostering economic growth, and considers that Chinese securities, banking and insurance sectors are underdeveloped, and encourages China to participate fully in the global debate on improving the regulatory and supervisory framework for the financial markets;
Amendment 7 #
Draft opinion
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Stresses the importance of Chinese involvement and cooperation with the IMF regarding the development of a global code of conduct for sovereign wealth funds, which is likely to lead to a higher degree of transparency and avoid politically oriented strategic investments;