USA will look for excuse to implement trade protectionism against China
The spokesman of Foreign Affairs Ministry Jiang Yu expressed on 28th
, China push the related parliament member to realize the importance of Sino-US trade relationship clearly, never looking for excuse to implement trade protectionism against China. Jiang Yu makes above statement when he answers the reporter's question that there are American parliament member optimize Chinese exchange rate policy in the regular conference. Jiang Yu said, China has expressed its principled stand about RMB exchange rate problem for several times. Keeping Sino-US economy and trade relationship healthy and stable development conform to Sino-US common benefit. "we pushed the related American parliament member to realize the importance of Sino-US economy and trade relationship, never looking for any excuse to carry out trade protectionism against China in order to avoid harming the overall situation of Sino-US economy and trade cooperation." After the bursting of financial crisis, Sino-Russia trade experienced varieties of situation including the "double decline" of total export and import value, "grey customs clearance" come under attack and so on. The frontier trade of the two countries once fell into the freezing point. Sino-Russia problem experts all expressed, Sino-Russia trade has entered a deep adjustment period. He Long Jiang and Russia possesses near 3000 kilometers frontier, there are 25 all kinds of trade ports. The newest date reveals, from January to July of 2010, He Long Jiang export 3.89 billion US dollars to Russia, increased by 28.8% comparing with the same period of last year, while it is bigger less than 5.12 billion US dollars of January to July in 2007. China Customs data indicates, from January to August, the total export value of China to Russia is about 46.33 billion US dollars, increased by 47.6% comparing with the same period of last year. American parliament member forces RMB revaluating, US enterprise worry about the prospect of Sino-US trade American enterprises invested in China expressed on 27th, if US parliament passes a bill aim at forcing China to revaluate RMB, it will further harm Sino-US trade relationship. Link: Feng Guojing, the trade situation will improve next year Yesterday, the International Chamber of Commerce chairman, Hong Kong Li Feng Group chairman Feng Guojing expressed, the intensive situation of our national foreign trade will alleviate a bit until the middle of next year. Yesterday, after the theme lecture on HIV supported by Li Feng, Feng Guojing expressed, although the global economy is recovering (global trade), its course is slow. For example, American unemployment rate is still keeping a high level, it faces with the mid-term election in November and RMB exchange rate is politicized. So, our current national foreign affairs situation is more intensive. But at the same time, the international society is more careful for the trade protectionism, which is within the controlled scope. He thinks, our international trade intensive situation will be better in the middle of next year. But now Chinese export pressure is still bigger, besides trade protectionism, we are facing with the elements including enhancement of labor cost, the price increase of product and raw material and so on. But the trade situation of the coming three months will be stable.from: china wholesaleUSA will look for excuse to implement trade protectionism against China
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