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The US/China state of trade relations
September 11, 2007
This article from Textile World gives a good overview of the different perspectives on the latest tensions in Sino-American trade relations. It's very important to understand how this situation unfolds if you're responsible for ensuring a robust global supply chain with roots in China. My belief is that sanctions and trade barriers are not the solution to the problem, but trade needs to be fair as well - so regardless of where you come down on the issue, I think all will agree that the last chapter hasn't been written on this. Listen closely to the rhetoric as the 2008 US election approaches especially if there are more quality related issues from products manufactured in China. See the article.
Posted by Andy Mulkerin on September 11, 2007 | Comments (3)
In response to: The US/China state of trade relations
Sarah commented:
Interesting resource.
In response to: The US/China state of trade relations
Doris commented:
I totally agree with the author's view. Trade is so important to the globally-integrated economy. The U.S. is the number one trading country in the world, and China is our third largest trading partner. The need to achieve a “balance” that they look at their economy as a whole and accommodate the interests of import-sensitive industries as well as those U.S. manufacturers that rely on imports to stay competitive worldwide. As the number one trading nation in the world, America needs to keep balance foremost in mind. Boosting U.S. exports to China is the right step to narrow the trade gap.If the U.S. government allows more high-tech products to be exported to China, the trade imbalance could easily be improved. Demand for many US products in China are very strong.Welcome to AmeriChinaB2B(www-acb2b-com) to begin your business trip of China.
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