China accuses US of straining relations
By Chris Buckley |
February 2, 2010, Tuesday
|
Print Edition
Print Edition
CHINA has accused the United States of straining their vast economic relationship through a slew of anti-dumping measures, adding to growing tensions between the two global powers.
Yao Jian, a spokesman for China's Ministry of Commerce, made the comments yesterday, responding to a US trade panel's recent decisions to set preliminary anti-dumping duties on electric blankets and wire decking from China.
His strong words suggested trade friction could stoke broader tensions between the world's biggest and third-biggest economies.
"Since the outbreak of the financial crisis, American trade protectionism has clearly raised its head, and China has become the biggest victim of US abuse of trade relief measures," Yao said in a Chinese-language statement posted on his ministry's Website.
"Currently, trade protectionism is seriously affecting the stable development of Sino-US trade and economic relations, and the US should fully grasp the severity of this problem."
Last week, US Commerce Secretary Gary Locke said Chinese policies that promote domestic firms and create barriers against foreign ones could cause US firms to lose interest in China.
Yao said recent comments of an unidentified senior US commerce official were "totally contrary to the facts."
"Now some countries engage in trade protectionism, and then turn around and accuse others," Yao said.
Annual Chinese exports to the US could approach US$300 billion in 2009 when final statistics are in, down from US$338 billion in 2008.
Yao Jian, a spokesman for China's Ministry of Commerce, made the comments yesterday, responding to a US trade panel's recent decisions to set preliminary anti-dumping duties on electric blankets and wire decking from China.
His strong words suggested trade friction could stoke broader tensions between the world's biggest and third-biggest economies.
"Since the outbreak of the financial crisis, American trade protectionism has clearly raised its head, and China has become the biggest victim of US abuse of trade relief measures," Yao said in a Chinese-language statement posted on his ministry's Website.
"Currently, trade protectionism is seriously affecting the stable development of Sino-US trade and economic relations, and the US should fully grasp the severity of this problem."
Last week, US Commerce Secretary Gary Locke said Chinese policies that promote domestic firms and create barriers against foreign ones could cause US firms to lose interest in China.
Yao said recent comments of an unidentified senior US commerce official were "totally contrary to the facts."
"Now some countries engage in trade protectionism, and then turn around and accuse others," Yao said.
Annual Chinese exports to the US could approach US$300 billion in 2009 when final statistics are in, down from US$338 billion in 2008.
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