|
|
US President Barack Obama Visits China 2009
> Hot Topics
|
China-US trade war unlikelyBy Ding Qingfen (China Daily)
Updated: 2009-11-14 10:53
Although trade friction between China and the United States will likely rise in the months ahead as the economic recovery of the US remains in limbo, there is little possibility that the two countries will become embroiled in a full-blown trade war, analysts said. Since US President Barack Obama issued a special duty on tire imports from China in September, the first and largest, such maneuver of his administration, trade conflicts between two of the world's most important economies have sharpened and have spread to other areas, particularly in recent days. On Nov 4, the US requested that the World Trade Organization (WTO) establish a dispute settlement panel to rule on China's restraints on exports of raw materials, which the Chinese government insists is consistent with WTO rules. That same day, the US Commerce Department slapped preliminary anti-dumping duties on Chinese steel pipe worth $2.6 billion. The move came after preliminary anti-subsidy duties were put on the pipe, which is used in oil and gas lines, in September. On Nov 5 the US International Trade Commission approved another two probes of imports from China: glossy magazine-quality paper and certain salts. The new levies were approved about one week ahead of Obama's trip to Asia. The trip includes a four-day visit to China, starting Sunday. China is regarded as one of his most important destinations during the trip. "As the unemployment rate is expected to remain high next year, the US will initiate more trade protectionist cases or/and measures against China," said He Weiwen, a senior expert on WTO and China-US trade relations.
Despite news that the US economy has posted positive growth during the third quarter of this year, the world's largest economy is still hamstrung by high unemployment. According to the US Department of Labor, the country's unemployment rate surged to 10.2 percent in October, the highest since 1983 and much higher than had been expected. Most economists predict the job situation will remain grim through 2010. Even Obama has conceded that more Americans will lose their jobs, even as the worst may be over for the economy as a whole. Obama is under great pressure from labor unions, particularly the United Steelworkers, the prime initiator of the recent trade remedy cases against China, including the special guarantee tire case and the steel pipe duties. "Unions have given Obama nice support during the presidential election, and therefore are winning his promise of returning the favor," said Zhang Yuqing, a panelist on the WTO Dispute Settlement Body. The healthcare reform package Obama has been pushing forward to expand medical treatment to most Americans also needs the support of unions, Zhang added. The US House of Representatives recently narrowly endorsed healthcare reform legislation, the largest in decades. The Senate, however, has shown signs of balking at the $1 trillion bill. No trade war However few believe a trade war of any kind will break out. "There is neither sign nor reason that China and the US will turn the conflicts into a war. It's not good for either party," He said. It is estimated that trade remedy cases, as of late last year, only account for 5 percent of the China-US trade by volume. "They are a minimal part of bilateral trade and happened in a special period. Cases will decrease when the US economy turns good," he said. Most observers believe the US will not launch additional trade remedy cases for fear of antagonizing China. Obama said recently that the US sees China as a vital partner and competitor, but the two countries must address economic imbalances or risk enormous strains on their relationship. And US Secretary of Commerce Gary Locke also said during the China-US Joint Commission on Commerce and Trade held in Hangzhou in late October that both countries should avoid trade protectionist measures against each other. Both would be losers if trade conflicts escalate into a trade war. Experts suggested that China actively resort to the WTO rules for protecting industries from being hurt by the US and launch trade remedy investigations of its own against the US. After the extra tire duties were enacted, China announced it would launch investigations into two categories of imports from the US - of broiled chicken and certain types of automobiles.
|
||||||||||
       |
主站蜘蛛池模板： 91热国产 | 久久久精品一区二区三区 | 男人精品一线视频在线观看 | 无套内谢孕妇毛片免费看 | 免费观看欧美成人禁片 | 欧美一级片在线看 | 美女超爽久久久久网站 | 亚洲国产老鸭窝一区二区三区 | 欧美一级特黄特色大片 | 亚洲国产日韩欧美综合久久 | 九九色综合网 | 欧美不卡视频在线观看 | 日本免费人成黄页网观看视频 | 久久精品视频在线观看榴莲视频 | 在线观看视频中文字幕 | 日本在线观看不卡 | 男吃女下面刺激视频免费 | 亚洲日本在线看片 | 精品久久久久久久久久中文字幕 | 免费看一毛一级毛片视频 | 亚洲国产成人久久一区二区三区 | 亚洲精品毛片久久久久久久 | a毛片全部播放免费视频完整18 | 国产码一区二区三区 | 国产成人免费在线观看 | 亚洲成a人片在线v观看 | 91香蕉国产观看免费人人 | 精品国产高清久久久久久小说 | 114一级毛片免费 | 久久精品系列 | 精品综合久久久久久蜜月 | 日韩中文字幕在线观看 | 欧美日本一道高清二区三区 | 韩国美女爽快一毛片免费 | 成人欧美精品一区二区不卡 | 国产成人精品日本亚洲专一区 | 国产成人福利视频网站 | 久久精品国产亚洲片 | wwwxxxx欧美| 亚洲清纯自偷自拍另类专区 | 视频一区 在线 |
