Sino-U.S. trade friction in Obama's 1st year

0 CommentsPrint E-mail CCTV, January 21, 2010
Adjust font size:

 

It has been a year since Barack Obama took office as US president. During that time a lot of effort has been made by both sides to cultivate a strong China-US relationship, including July's Strategic & Economic Dialogue, and Obama's visit to China in November. However, a pick-up in trade friction cast a shadow on economic and trade ties between the two nations. One expert says further efforts are needed in his 2nd year in office.

An unprecedented economic crisis is bringing two of the world's largest countries closer. President Obama declared a new era of "cooperation, not confrontation" with China. He says "the relationship between the United States and China will shape the 21st century, which makes it as important as any bilateral relationship in the world".

The two countries made considerable progress in collaborating efforts to fight the global economic crisis. Both countries adopted massive stimulus policies quickly to overcome the economic downturn. But bilateral trade become a thorny issue threatening bilateral economic ties. A Chinese expert accuses the Obama Administration of sparking trade protectionism.

Professor Zhou Shijian, from Tsinghua University, said, "Since 1980 to 2008, each year there were nearly 10 cases, but last year, there were 30 cases. For each case, there were so much value. The anti-dumping measures and countervailing duties are at record high."

The expert is expressing concern that the Obama Administration would come up with more trade protectionism policies and impeding future economic cooperation.

Professor Zhou said, "Congress election, and high unemployment in the US are two factors that will lead to more protection against China... "

Experts say trade protectionism will only serve to hurt the interest of both people. It will not increase the US's competitiveness in certain industries, but harm the interests of US consumers. The expert suggests President Obama should consider lifting the US control on high-tech exports in his latest economic polices. It will promote US exports to China and address the imbalance of trade between the two countries.

Professor Zhou said, "The EU has released so many high technology to China...it will lift the export, more commodities, equipment and technology export to China. These technology exchange will be mutual benefit to two countries. "

Expert say in the past year progress has been made in the fields of energy and environmental protection. This cooperation is mutually beneficial, and should continue in Obama's second year in office, because a good China-US economic relationship is crucial amid the sweeping economic chill around the world.

BARACK OBAMA said, "The relationship between the United States and China will shape the 21st century, which makes it as important as any bilateral relationship in the world."

 

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 久久久久九九精品影院| 亚洲欧美日韩高清在线电影 | 日韩美aaa特级毛片| 亚洲欧洲日产专区| 狠狠97人人婷婷五月| 出包王女第四季op| 老头天天吃我奶躁我的动图| 国产又粗又大又爽又黄| 激情综合网婷婷| 国产精品久免费的黄网站| 91粉色视频在线导航| 在线视频免费国产成人| www.九色视频| 少妇人妻综合久久中文字幕| 中文字幕免费观看视频| 色妞www精品视频免费看| 国产成人女人毛片视频在线| 手机看片在线精品观看| 国产综合久久久久久鬼色| 久久91精品国产一区二区| 日韩在线观看一区二区三区| 亚洲av无码不卡一区二区三区| 欧美成人久久久| 亚洲成在线观看| 欧美激情一区二区三区中文字幕| 亚洲精品自产拍在线观看| 特黄aaaaaaaaa及毛片| 伦理eeuss| 直播视频区国产| 国产亚洲视频网站| 麻豆国产原创剧情精品| 国产成人免费电影| 成人自拍小视频| 国产成人手机高清在线观看网站 | 福利网站在线观看| 免费福利在线观看| 精品一卡2卡三卡4卡免费网站| 厨房里摸着乳丰满在线观看| 翁熄性放纵交换| 四虎AV永久在线精品免费观看| 美妇又紧又嫩又多水好爽|