www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / View

BIT to re-anchor US-China economic relationship

(Xinhua) Updated: 2014-07-11 11:01

NEW YORK - The China-US bilateral investment treaty (BIT), if concluded successfully, would re-anchor the bilateral economic relationship in the 21st century, said a former senior White House official.

Daniel M. Price, who served as "sherpa" and international economic affairs advisor to former US President George W. Bush, made the remarks in an exclusive interview with Xinhua amid the ongoing sixth round of the China-US Strategic and Economic Dialogue (S&ED) in Beijing.

"While China and the US have over the years been party to many multilateral negotiations, this is the first - and only - negotiation between the two countries aimed at achieving a binding bilateral treaty on economic issues," said Price, who is now the managing director of Rock Creek Global Advisors, an international economic policy advisory firm in Washington.

"The BIT will set rules governing investment in all sectors of the economy and be the first time China and the United States will address comprehensively market access issues for foreign investors," said Price.

He noted that this is essential for development of the as yet underperforming investment relationship, as US investment only accounts for 3 percent of all foreign direct investment (FDI) in China while Chinese investment in the United States only takes 1 percent of the FDI.

If the world's two largest economies can successfully negotiate and complete the BIT, "they will be at the forefront with other leading nations setting investment standards for the 21st century, " he said.

Price pointed out that the potential benefits of a BIT far outweigh any potential risks.

On the Chinese side, placing investment relations with the United States on a stable treaty basis would mitigate the uncertainty created by the sometimes shifting political winds on attitudes toward inbound Chinese investment, he said.

In addition, a BIT will create leverage to advance domestic economic reforms that are currently being debated in China, because reform-minded leaders can rightfully argue that their proposals are necessary not only to strengthen the domestic economy but also to secure agreement on a treaty that will protect Chinese investment in the United States, he added.

Finally, by making cross-border capital flows and investments easier, a BIT will help reorient the Chinese economy toward the private sector by increasing the pool of capital available to private companies, which will help them become more innovative, he noted.

"The increase in capital will be especially beneficial for small- and medium-sized enterprises that often have difficulty securing loans and are forced to rely on the informal lending market," he said.

BIT to re-anchor US-China economic relationship

BIT to re-anchor US-China economic relationship

Top 10 US companies in China Removing investment barriers a win-win step for China, US

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 成人免费网址在线 | 欧美区一区二 | 国产高清美女一级毛片久久 | 夜夜爽影院 | 久久毛片久久毛 | 九九精品在线视频 | 91久久综合 | 中文字幕亚洲一区二区va在线 | 日本亚洲欧美高清专区vr专区 | 国产一区二区在线视频播放 | 国产精品免费一区二区三区四区 | 亚洲精品国产精品国自产网站 | 久久一日本道色综合久 | 国产一级强片在线观看 | 国产三级精品三级国产 | 暴操美女| 性做久久久久久久免费观看 | 长腿嫩模打开双腿呻吟 | 好吊妞998视频免费观看在线 | 精品久久在线 | 日韩一页| 国产精品午夜国产小视频 | 欧美成人3d动漫专区 | 特黄特级a级黄毛片免费观看多人 | 欧美特级特黄a大片免费 | 青青热久久国产久精品秒播 | 日本乱人伦在线观看免费 | 久久久久久久国产高清 | 国产不卡精品一区二区三区 | xxxxxxxxhd日本| 欧美乱爱 | 国产精品夫妇久久 | 精品国产一二三区 | 亚洲视频一区在线观看 | 久久精品资源 | 成人免费在线视频 | 在线看一级片 | 国产一区二区三区高清视频 | 一级做a爱久久久久久久 | 免费成年人在线观看视频 | 欧美特黄一区二区三区 |