Home>News Center>China
           
     

    Bush urges Americans to reject protectionism
    (chinadaily.com.cn)
    Updated: 2006-03-11 09:34

    "It's an amazing country in many ways," Bush said of China. "It's a country that has chosen the path, by and large, of markets and enterprise. They are an economic issue for us, and that's why we've got a huge deficit with them."

    But Bush said puts China in a different category than Iran and North Korea.

    "China is a strategic partner when it comes to trade, for example. And I can't say that about the other two countries," Bush said.

    New York Democrat Senator Charles Schume is pushing legislation that would impose a tariff of 27.5 percent on all Chinese imports unless China allows the yuan to appreciate considerably. His proposal has attracted Senate support.

    According to analysts, President Bush is likely to veto any such legislation. But Schumer is confident that his proposal would gain enough votes to override a presidential veto.

    U.S. lawmakers from states with major agriculture industries have long been the most reliable supporters of trade with China, viewing China as a large and expanding market for American-grown food.

    Despite China's official statistics showing a 2005 U.S. trade surplus of US$114 billion, trade officials say China is not deliberately pursuing a trade surplus with the United States but rather a balance in imports and exports.

    On July 21 last year, China's central bank, the People's Bank of China, raised the value of the yuan against the US dollar by 2.1% and adopted a market-sensitive currency exchange policy. The policy allows the yuan's daily rate to float in line with major world currency changes. The yuan has since climbed a further one percent against the dollar.

    Li Zhaoxing, China's Foreign Affairs Minister, said Tuesday in Beijing China not only wants to import American Boeing planes, grain, citrus and other fruit, it also wants to import high-value, high-tech computers and equipment. America has refused to export such items to China since 1989, citing national security reasons. Li noted inexpensive Chinese goods have helped America maintain high living standards and helped reduce inflationary pressures.
    Page: 123



    Spring snowfall hits Beijing
    The third plenary of Tenth NPC 4th Session
    Sand storm hits Changchun
      Today's Top News     Top China News
     

    President Hu calls for stepping up army building

     

       
     

    Bush urges Americans to reject protectionism

     

       
     

    Time not right to abolish death penalty

     

       
     

    China shifts focus to poor with 'New Deal'

     

       
     

    Six senior officials jailed for corruption

     

       
     

    Putin visit to highlight oil issue, war game

     

       
      China shifts focus to poor with 'New Deal'
       
      China to follow own reform path for yuan
       
      China needs 40-year 7 percent annual growth to meet well-off target: minister
       
      China's parliament ready to adopt five-year plan
       
      Hainan island hopes to become China's Phuket
       
      Some medical ads full of lies: delegates
       
     
      Go to Another Section  
     
     
      Story Tools  
       
    Manufacturers, Exporters, Wholesalers - Global trade starts here.
    Advertisement
             
    AV无码久久久久不卡蜜桃| 人妻少妇看A偷人无码精品视频 | 成年免费a级毛片免费看无码| 最近最新中文字幕| 中文字幕无码一区二区三区本日| 无码无套少妇毛多18PXXXX| 久久丝袜精品中文字幕| 精品久久久中文字幕人妻| 国产AV无码专区亚洲AVJULIA| 久久久久av无码免费网| 最近更新2019中文字幕| 中文资源在线官网| 亚洲成在人线在线播放无码| av无码国产在线看免费网站| 亚洲欧洲美洲无码精品VA| 亚洲AV无码无限在线观看不卡| 爆操夜夜操天天操狠操中文| 全球中文成人在线| 日产无码1区2区在线观看 | 国产在线无码不卡影视影院| 亚洲日韩国产AV无码无码精品| 日本无码WWW在线视频观看| 色婷婷综合久久久久中文字幕| 在线综合+亚洲+欧美中文字幕| 亚洲中文久久精品无码ww16| 无码中文av有码中文a| 狠狠精品久久久无码中文字幕| 中文无码精品一区二区三区| 韩国中文字幕毛片| 色综合中文综合网| 日本欧美亚洲中文| 中文字幕日韩人妻不卡一区| 中文字幕日韩欧美一区二区| 国产午夜精华无码网站| 亚洲AV综合色区无码一区爱AV| 亚洲VA中文字幕无码一二三区 | 久久精品aⅴ无码中文字字幕重口 久久精品国产亚洲AV无码娇色 | 亚洲精品无码专区久久久 | 暖暖日本中文视频| 亚洲va中文字幕无码| 一本本月无码-|