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

  Home>News Center>China
       
 

US told not to politicize trade issue
By Dai Yan (China Daily)
Updated: 2006-02-15 06:30

China is willing to work with the United States to seek a balance in their trade, but it will not help if political elements are embedded in the issue, a top Chinese legislator said Tuesday.

Cheng Siwei, vice-chairman of the Standing Committee of the National People's Congress, said China and the United States should ease frictions in their trade ties and find a win-win solution through consultations.

"We are equal partners and we should deal with the problem calmly Don't politicize it," Cheng told a Sino-US trade forum.

Cheng's remarks came amidst the backdrop of rising criticism against China in the United States, which last week reported an all-time-high trade deficit of US$725.8 billion for 2005. Congressmen are pressuring the Bush administration to find fault with China, with which the United States registered an annual deficit of US$201.6 billion, the largest ever recorded with a single country.

US senators Byron Dorgan and Lindsey Graham introduced legislation last week to repeal the normal trade relations status between the two countries.

The US Congress granted China permanent normal trade relations status in 2000, paving the way for its entry to the World Trade Organization.

Another piece of legislation proposes to impose across-the-board tariffs of 27.5 per cent on Chinese imports unless Beijing revalues its currency.

Cheng admitted that China has a big trade surplus with the United States, but clarified that it is not the country's aim.

"What we should bear in mind is that both sides reap benefits from trade co-operation," he said.

He quoted a study by US investment bank Morgan Stanley estimating that US consumers had saved US$600 billion in the past decade by buying cheaper goods made in China.

China had also used a significant chunk of foreign exchange reserves, partly earnings from its trade surplus, to buy US bonds. At the end of 2005, China held US$300 billion in US treasury bonds.

Cheng called on the United States to help reduce its deficit with China by relaxing restrictions on high-tech exports only 10 per cent of China's high-tech imports come from the United States.

"I would say if you could sell a space shuttle to China, the situation would be greatly improved," Cheng said. "That's a joke. But China has to be allowed to buy more than Boeing airplanes."

Vice-Minister of Commerce Yi Xiaozhun told the forum that China had done a lot to reduce the trade deficit, with imports from the United States witnessing the highest growth in 2005.

China reported that its surplus with the United States last year was US$114.2 billion. Using different statistical standards caused the discrepancy with the US figure.

(China Daily 02/15/2006 page1)



Fire kills 5 in Northeast China
Aerobatics show in Hunan
Final rehearsal
  Today's Top News     Top China News
 

Australia, US, Japan praise China for Asia engagement

 

   
 

Banker: China doing its best on flexible yuan

 

   
 

Hopes high for oil pipeline deal

 

   
 

Possibilities of bird flu outbreaks reduced

 

   
 

Milosevic buried after emotional farewell

 

   
 

China considers trade contracts in India

 

   
  EU likely to impose tax on imports of Chinese shoes
   
  Bankers confident about future growth
   
  Curtain to be raised on Year of Russia
   
  Coal output set to reach record high of 2.5b tons
   
  WTO: China should reconsider currency plan
   
  China: Military buildup 'transparent'
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 国产精品美女视视频专区 | 欧美人牲囗毛片 | 国产区一区二区三区 | 99精品在线 | 国产日韩线路一线路二 | 精品三级视频 | 中国性猛交xxxxx免费看 | 日韩免费精品一级毛片 | 国产盗摄视频 | 国产片在线观看狂喷潮bt天堂 | 日本欧美亚洲 | 国产成人啪精品视频免费软件 | 国产成人亚洲精品无广告 | 美女又爽又黄视频 | 夜夜操影院| 久久精品久久精品久久 | 久久久久久一级毛片免费无遮挡 | 国产三级在线观看a | 91精品国产免费 | www黄网| a级毛片免费高清视频 | 日韩aⅴ在线观看 | 精品伊人久久久久7777人 | 国产精品深爱在线 | 求欧美精品网址 | 欧美高清一区二区 | 欧美性猛交xxxxx按摩国内 | 亚洲欧美高清在线 | 99久久精品久久久 | 日本a级精品一区二区三区 日本a级毛片免费视频播放 | 日本黄大片影院一区二区 | 国产成人综合日韩精品婷婷九月 | 亚洲男人天堂2017 | 最新步兵社区在线观看 | 欧洲女同互慰在线视频 | 好吊色综合网天天高清 | 成人在线视频国产 | 美女视频大全视频a免费九 美女视频大全网站免费 | 婷婷在线成人免费观看搜索 | 国内精品福利视频 | 中文在线最新版天堂 |