Videos ? Latest ? Feature ? Sports ? Your Videos
 

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: 波多野结衣紧身裙女教师| 国产免费AV片无码永久免费| 国产精品国产色综合色| 国产内射999视频一区| 免费看h片网站| 亚洲人成网7777777国产| 久久免费视频精品| 9久久这里只有精品国产| 麻豆久久婷婷综合五月国产| 美国式禁忌矿桥| 欧美成年黄网站色视频| 日本尹人综合香蕉在线观看 | 久久精品国产亚洲7777| h视频免费在线| 黄网站色视频免费观看| 狠狠色丁香久久婷婷综合五月| 日韩精品国产一区| 在线视频日韩欧美| 国产成人精品视频福利app| 免费国产美女爽到喷出水来视频| 亚洲av无码码潮喷在线观看| www.午夜视频| 韩国免费特一级毛片| 波多洁野衣一二区三区| 日产精品久久久久久久| 国产黑色丝袜在线观看下| 啊轻点灬大ji巴太粗太长了情侣| 亚洲妇女水蜜桃av网网站| 上原亚衣一区二区在线观看| 日本免费a视频| 热99在线视频| 成人片在线观看地址KK4444| 国产精品99久久久久久www| 免费播放美女一级毛片| 久久亚洲一区二区| yy6080一级毛片高清| 男人一进一出桶女人视频| 成年人免费视频软件| 国产成人性色视频| 亚洲精品亚洲人成在线| 一区二区三区无码高清视频|