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October 11, 2011

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US arms sales to be raised at high-level meeting

CHINA says it will again raise the issue of United States arms sales to Taiwan when the two sides hold a high-level meeting today, and also issued a blunter warning against a proposed law to punish countries with "undervalued currencies."

Chinese Vice Foreign Minister Cui Tiankai said yesterday he will express China's strong displeasure about arms sales to Taiwan when he meets US Assistant Secretary of State for East Asian and Pacific Affairs Kurt Campbell. "The United States has time and again sold weapons to Taiwan. So, of course, we will have to express our stern opposition," Cui said.

"By putting these issues on the table tomorrow, we hope to better address these issues and prevent them from excessively interfering in the normal development of China-US relations," he said.

China has said that last month's US announcement of a US$5.85 billion arms package for Taiwan would hurt relations and that it would suspend some military-to-military contacts with the Pentagon in response.

Cui also said that a proposed US law targeted at China's so-call "currency manipulation" could result in a trade war. US senators voted last week to open debate on a bill allowing the government to impose additional duties on products from countries that it says subsidize exports by undervaluing their currencies.

"This bill in no way represents the reality of the economic and trade relationship between China and the United States and might have an adverse impact on the development of the commercial relationship," Cui said. "Should the proposed legislation become law, the only result would be a trade war between China and the United States, and that would be a lose-lose situation for both sides."

As for the South China Sea issue, Cui said it is not an issue between China and the United States, as the US is not a claimant of rights and interests in the area.

"If the US side is interested in our opinion, we will brief them on our stance during the consultation," Cui said.

He also accused "forces with ulterior motives" of playing up the issue and provoking disputes between China and its neighbors.





 

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