日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Center

Economist forsees US launching trade sanctions against China

(Xinhua)
Updated: 2007-07-04 15:10
Large Medium Small

American economist Stephen Roach believes there is a strong chance the United States will impose trade sanctions on China before the end of the year.

"The biggest challenge facing the world economy that I can see is the trade protectionism that is building up between the United States and China," he said in an interview with Xinhua during a visit to Beijing in his new role as chairman of Morgan Stanley's Asia operations.

Roach has testified in the US Congress three times from February to May on US-China trade issues. "This is very rare. It shows me that the American Congress is very serious about taking actions against China," he said.

The Chinese government protested solemnly on Friday against the "indiscriminate and automatic" detention of some of China's aquatic products by the United States, the latest in a line of food safety issues that have arisen between the two countries and one that Chinese analysts feel might be a prelude to a twist in the China-US trade ties.

Related readings:
Economist forsees US launching trade sanctions against China U.S. an irresponsible stakeholderEconomist forsees US launching trade sanctions against China Mundell: US calls for RMB rise a move to slow China's expansion
Economist forsees US launching trade sanctions against China US curbs on high-tech exports to hurt trade
Economist forsees US launching trade sanctions against China 
Wu Yi: Strategic talks are a complete success

"In its rush to impose trade sanctions on China, the US congress risks making a policy blunder of monumental proportions," Roach said.

"We don't have a bilateral problem with China. We have a multilateral problem here. Blaming deficits on China won't fix anything," Roach said.

The United States registered US$836 billion in trade deficit last year. The Chinese bilateral deficit of US$232 billion represented the largest portion - 28 percent - of America's overall multilateral trade gap but the deficits with other partners were three times as much, he explained.

"The United States runs trade deficits not because it is victimized by unfair competition from China or anyone else but because it suffers from a chronic shortfall in domestic savings," Roach said.

America's net national saving rate plunged to a record low of one percent of the national income for the 2004-2006 period, leaving the United States no choice but to accumulate trade deficits to attract foreign capital.

Trade sanctions such as tax and countervailing duties are functional equivalents of tax hikes on US consumers and American multinational business. In response, China can put reciprocal tax on products sold to the United States and diversify China's foreign exchange reserve from the US dollar.

   Previous Page 1 2 Next Page  

分享按鈕
主站蜘蛛池模板: 有码中文字幕 | 亚洲色女 | 国产1区在线 | 福利综合网 | 欧美三级欧美一级 | 亚洲综合黄色 | 另类图片亚洲色图 | av片在线看| 欧美日韩激情在线 | 亚洲黄色a | 国产一区二区三区四区视频 | 毛片毛片女人毛片毛片 | 爱爱免费网站 | 亚洲在线视频 | 国产三级小视频 | 亚洲少妇久久 | 成人在线亚洲 | 成人黄色在线 | 天天综合色网 | 国产91亚洲 | 成人欧美视频 | 在线观看的av网址 | 日本亚洲网站 | 日韩免费不卡视频 | 国产视频精品一区二区三区 | 亚洲成人91| 18女人毛片 | 在线看国产精品 | 国产欧美第一页 | 自拍偷拍一区 | wwwxx欧美| 欧洲一级黄色片 | 天堂岛av | 好吊视频一区二区三区四区 | 中文字幕一二 | 黄在线免费观看 | 观看免费av | 激情伊人 | 色婷婷亚洲综合 | 久久综合九九 | 高清视频一区二区 |