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Date / Time: 11/10/2009 7:39 AM UTC
In the first three quarters against Chinese products in 19 countries from trade remedy Laptop Battery investigations initiated by 88
From the last weekend can be said that the Sino-US trade wars really open shot. As a "special safeguard tire case" a continuation on the 5th U.S. trade exports to the U.S. oil well pipes of up to 99.14 percent levy anti-dumping duties; 6, the Ministry of Commerce of the United States automotive products launch a "double reverse" investigation; the same day the United States International Trade Commission Preliminary ruled that imports from China and other countries of the coated paper products such as levying a "double reverse" tariffs. All this from the United States President Barack Obama's visit to China, only less than 10 days time.
Why is closer to the days of Obama's visit to China, Sino-US trade war is the more concentrated the smoke? Industry experts believe that this is in line with Obama's PowerBook G4 15inch visit to China to increase its bargaining chips with the Chinese. In the context of a trade war, the RMB exchange rate issue is particularly glaring, it will undoubtedly become the direction of America will be one of the key pressure on China. While the Chinese side's consistent view is to continue to independent, controllable and gradual way to promote the reform of the RMB exchange rate at the same time to safeguard China's own interests.
Relevant experts believe that all this margin since Obama raised at the G20 summit for the U.S. trade surplus with major countries (mainly China), "sustainable and balanced growth framework" agreement. The U.S. government believes that global economic imbalances PowerBook G4 (especially the US-China trade imbalance) and the occurrence of a certain crisis of causality, while the U.S. will not hesitate to use the means of trade protectionism to express achieve this rebalancing of the political will. However, from the United States will be detrimental to the world's current crisis, due to this imbalance, especially Sino-US trade imbalance is obviously Jiahuoyuren and unfair practices. Problems in the U.S. economy and its financial system in the systemic risk and regulatory M7318 lag is the formation of the root causes of the crisis.
If China blindly on trade protectionism and retreat, eventually no turning back. Experts and foreign media have said that, first of all, the trade with the U.S. strategy should not only focus on the fight for "market economy status" in this technical issue. Second, China's trade with the U.S., we should hand covering the political, economic, social and other all-round anti-system chips. Thirdly, China's foreign trade and economic cooperation should be the focus of regional economic integration due to the transfer. "10 +3" East Asian Economic Community, if the establishment of the world economy PowerBook G3 will show a pattern of the United States, Europe and Asia tripod, this is the best checks and balances to the United States.
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