UPDATE 2-EU's Lamy voices fears over trade gap with China

Newswire

(Updates with WTO remarks, details, adds byline) By Scott Hillis BEIJING, Oct 31 (Reuters) - EU Trade Commissioner Pascal Lamy said on Friday the European Union's trade deficit with China could become a problem if it continued to grow and voiced concern that China was not fully living up to market-opening promises made to the World Trade Organisation. Lamy also said China should consider pegging its yuan to a currency basket but that its undervalued currency was not the main cause of ...

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