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

  Home>News Center>China
       
 

'China's development benefits US economy'
(Xinhua)
Updated: 2005-08-28 09:04

The US economy has benefited greatly from China's economic growth, and "simply blaming China will not solve issues relating to US economic transformation," an American expert on anti-dumping laws said Friday in an interview with Xinhua.

"China and the United States are the twin engines of world economic growth. China's economic development has numerous beneficial effects on the US economy," said Jeffrey S. Grimson, 38, Counsel and Chair of the China/International Trade Practice ofKaye Scholer LLP, an international law firm with over 500 lawyers on three continents.

Foremost, "Chinese goods have a reputation for being low-priced. The availability of low-priced goods has had a beneficial impact on the US economy, by enabling consumers to enhance their standard of living while keeping inflation down," said Grimson who have been working in the field of anti-dumping laws for 15 years.

Chinese products are moving up the scale of quality too, he added.

Also, economic prosperity in China means more potential customers for US goods and services, he said.

What's more, "the rise of China as a manufacturing superpower has pushed US business to modernize and achieve ever higher levelsof efficiency and productivity," said Grimson.

Grimson holds that it is not right for US manufacturers to blame China for a decline in US manufacturing jobs, saying "the transformation of the US economy started long before the current 'crises' with China's trade imbalance, the currency, or textiles. Simply blaming China will not solve issues relating to US economictransformation."

According to statistics compiled by the US-China Business Council, he said, the US manufacturing sector's share of the US economy has fallen from 32 percent in 1960 to 22 percent in 1980, and to 14 percent in 2002.

Grimson noted that "in fact, the decline in the contribution ofthe US manufacturing sector to the overall economy began long before China's emergence" as a major trade power.

On the bilateral economic and trade relationship, Grimson said the overall economic and trade ties between China and the United States are built on a strong foundation of mutual benefit, and thefact that the relationship is not viewed in the United States as a"two-way street" is in part because the US-China trade statistics are typically viewed in isolation, rather than in broader regionalterms.

For example, less than half of the US trade deficit in 2004 is related to trade with East Asian countries, including China, he said, while "overall, the US trade deficit with the rest of the world has increased nearly three times as much as the trade deficit with China over the past ten years."

Because of the negative perception of the US-China trading relationship, trade disputes that might otherwise be considered anexpected consequence of such a large volume of trade take on a whole new political aspect, Grimson noted.

"Groups interested in curtailing free trade are able to capitalize on the negative political environment to achieve objectives that might not otherwise be attainable," he said.

It is essential for the two countries to handle trade disputes in an objective,transparent fashion, abiding by fundamental principles of fairness in addition to merely the strict letter of international and domestic law, said Grimson.

"For the United States, abiding by international trade agreements is paramount to maintaining global credibility as a country committed to open markets not only abroad, but also at home," he said.

"Unilateral action is not the ideal way to resolve trade disputes," Grimson noted, "Quotas, especially unilateral quotas, are the opposite of what the international free trade rules seek to achieve."

Grimson has traveled to China many times over the past 10 years. When asked about his impression of the Chinese economy, hesaid that the pace of growth of China's economy is unprecedented.

"China is speeding through decades of development in only a fewyears. As such, the country has the opportunity to learn from the mistakes of countries. In particular, China can look to the lessons of other developed countries in areas such as urban planning and the environment," he said.



Police drill in Guizhou
Giant pandas may be sent to Taiwan June next year
2005 Inline Speed Skating World Championships opens
  Today's Top News     Top China News
 

Possible medicine found for SARS treatment

 

   
 

'China's development benefits US economy'

 

   
 

Hu calls for learning lessons from war

 

   
 

EU-China textile talks go into third day

 

   
 

Mine blast in southwest kills 15; owner flees

 

   
 

Firms sign deals to co-develop oilfields

 

   
  EU-China textile talks go into third day
   
  Possible medicine found for SARS treatment
   
  U.S., China to hold more textile talks
   
  KMT delegations on visit to mainland cities
   
  President Hu calls for learning lessons from war
   
  China uses databank to battle HIV/AIDS
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 成人二区三区 | 黄色小视频在线观看 | 亚洲911精品成人18网站 | 精品一区二区在线播放 | 亚洲区av | 九九热在线免费观看 | 欧美大胆视频 | 女人毛片视频 | 香蕉在线视频观看 | 久久影院一区 | 中文激情网| 日韩av影片 | www.久久艹 | 嫩草在线视频 | 欧美激情视频在线 | 成人午夜免费视频 | 久热香蕉视频 | 国产一区二区在线免费观看 | 美女午夜视频 | 国产一级高清 | 免费日韩视频 | 成人激情免费视频 | 国产午夜精品久久久久 | 在线播放亚洲 | 国产一区精品在线观看 | 在线毛片网站 | 精品日本一区二区三区在线观看 | 40一50一60老女人毛片 | 天天爱天天操 | 麻豆理论片 | 黄色大片网站 | 伊人国产女 | 国产91av在线 | jzzijzzij日本成熟少妇 | 天天操夜夜欢 | 69国产精品视频免费观看 | 美国黄色网 | 中国字幕在线观看免费国语版 | 九九热精彩视频 | 国产美女网站视频 | 中国毛片在线观看 |