US, China square up over trade disputes

0 CommentsPrint E-mail Global Times, December 24, 2009
Adjust font size:

Tensions over trade frictions between China and the US heightened Wednesday with US trade authorities criticizing Beijing for imposing more trade restrictions in 2009, following confrontations over China's restrictions on the distribution of US films, music and books and the US' imposition of anti-subsidy tariffs on Chinese oil-well pipes.

Economic scholars observed that trade conflicts are a global issue rather than friction between China and the US against the background of a slow economic recovery.

"China continued to pursue industrial policies in 2009 that seek to limit market access for non-Chinese origin goods and foreign-service suppliers," the US Trade Representative's office said in its eighth annual report on how well China is complying with its World Trade Organization obligations.

The use of trade restraints and preferences, including export restraints, tax rebates, unique standards and the so-called "Buy China" policy, has been increasing during the past two years, the 121-page report said.

Intellectual property rights, trading rights, distribution services and the import of agricultural goods are also listed as the main areas of concern over China's adherence to ongoing WTO obligations.

China had a record $266 billion trade surplus with the US last year, according to government data. China is also the third-largest market for US exports, buying $70 billion worth of US-made products in 2008 compared to $19 billion in 2001, the trade office said.

China's Ministry of Commerce (MOC) could not be reached Wednesday. According to a quarterly review of trade released by the ministry Tuesday, China would maintain its export stimulus measures to tackle more complicated trade conditions next year after their success in offsetting the effects of the global economic crisis.

"Practice has proved that the policy mix to stabilize external demand is timely and effective. It has boosted market confidence and facilitated the steady recovery of foreign trade," it said.

The announcement came after the nation posted the best foreign trade performance in a year last month, rising 9.8 percent from a year ago after 12 consecutive monthly drops. The decline in exports narrowed to 1.2 percent in November while imports climbed 26.7 percent, year on year.

Since the crisis emerged, the government raised the tax rebate for exporters seven times and cut premium expenses to double export-credit insurance coverage, while introducing a fixed-rate yuan settlement in five cities in a pilot program to help exporters avoid the risks of exchange-rate fluctuations.

1   2   Next  


PrintE-mail Bookmark and Share

Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Comments are moderated and generally will be posted if they are on-topic and not abusive.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 欧美国产精品va在线观看| 一级女人18片毛片免费视频| 欧美疯狂性受xxxxx喷水| 公洗澡时强要了| 色综合久久天天综合观看| 国产成人啪精品午夜在线播放| 最近免费中文在线视频| 日本特黄高清免费大片爽| 亚洲乱码在线播放| 欧美潮喷videosvideo| 亚洲精品欧美精品中文字幕 | 国产精品www| 少妇BBW搡BBBB搡BBBB| 丰满爆乳无码一区二区三区| 欧美日韩电影网| 亚洲美女一区二区三区| 男男黄GAY片免费网站WWW| 午夜国产大片免费观看| 老鸭窝在线视频观看| 国产乱色精品成人免费视频| 黄色一级毛片网站| 国产探花在线精品一区二区| 中文在线天堂资源www| 国产精品亚洲二区在线播放| 6080一级毛片| 国产边打电话边被躁视频| 99久久免费国产精精品| 大佬的365天第三季完整视频在线观看| 久久亚洲AV成人无码国产 | 最近最新好看的中文字幕2019| 亚洲欧洲自拍拍偷综合| 永久免费无内鬼放心开车| 交换交换乱杂烩系列yy| 狠狠久久亚洲欧美专区| 你的腿再打开一点就能吃到了| 粉色视频在线播放| 免费成人福利视频| 目中无人在线观看免费高清完整电影| 别揉我胸啊嗯上课呢的作文| 黄色毛片视频免费| 国产成人麻豆亚洲综合无码精品|