Monday, December 20, 2010

For the United States and China-US economic talks to restart open skies.

<P> According to finance. Hearing, local time on April 16, Chinese and U.S. economic officials meeting in Washington to discuss the road improvement of bilateral economic relations. .The meeting comes amid soaring trade balance between China and the Bush administration to implement the recent series of sanctions against China, and Sino-US trade disputes intensive "encounter", this meeting has cast some shadow. .</ P> <P> Treasury said the two sides will hold a one-day China-US Joint Economic Commission (JEC) meeting, due to divergence of opinion at previous meetings, the conference will not discuss in particular their economic policies .formulation. .China said that Finance Minister Jin and central bank governor Zhou Xiaochuan was too busy due to domestic affairs will not attend the meeting in Washington. .</ P> <P> reported that the negotiations the U.S. delegation will be in charge of international affairs, U.S. Treasury Assistant Secretary Lowery led the Chinese delegation led by Vice Finance Minister Li Yong. .</ P> <P> began 10 years ago, Sino-US Joint Economic Committee last meeting held in October 2005 by then U.S. Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan on behalf of the United States and China meeting in Beijing .. .</ P> <P> U.S. Treasury Secretary Henry Paulson, since he took office last July, has conducted a series of high-level dialogue. .First China-US strategic economic dialogue last December in Beijing, the second round of talks scheduled for May in Washington. .</ P> <P> trade "encounter" dense from </ P> <P> Earlier, the United States to China to adopt more stringent trade sanctions decision. .March 30, the Bush administration to cancel the trade practices over the past 23 years, on coated paper imports from China imposed provisional countervailing duties. .The Chinese Ministry of Commerce said on Friday, will be April 26 to resume the export tax rebate on the part of the paper. .</ P> <P> on Monday, the U.S. Youxiang the World Trade Organization has put forward two new trade complaints: First, American movies, music and books into the Chinese market access barriers; Second, China's crackdown on rampant piracy .enforcement is not enough. .China acts against U.S. trade sanctions, "said the great regret and strong dissatisfaction" and said the U.S. move "would seriously damage the two sides had already established relations of cooperation." .</ P> <P> U.S. Deputy Treasury Secretary Adams said that when U.S. trade laws to strengthen trade disputes normal. .His news conference last week, said, "If there is no major trading partners and friction, this is not normal." .</ P> <P> the first time Chinese enterprises won the "zero tax" </ P> <P> recent Sino-US trade disputes, is not all bad news. .Beijing April 12 morning, the U.S. Department of Commerce made a final decision, Ningbo Jiangnan Chemical Fiber Co., Ltd. has been a zero tax rate, Dafa Chemical Fiber Co., Ltd. has been the rate of 4.86%, other Chinese enterprises involved in the average rate of 4.44 to obtain .%, not responding to corporate tax rates as high as 44.3%. .This is the Sino-US trade since 2004, anti-dumping lawsuits, the first time a zero tax rate of Chinese enterprises. .</ P> <P> polyester staple fiber is known as anti-dumping cases in China after WTO anti-dumping first major Sino-US textile. .The United States in July 2006 formally opened, the amount of 20 companies involved in China more than 5,000 million, of which Ningbo Dafa Chemical Fiber Co., Ltd. and Ningbo Jiangnan Chemical Fiber Co., Ltd. was the largest two companies involved, involving respectively 1,900 million and .more than 1400 million. .</ P> <P> end of last year, the U.S. Department of Commerce to make preliminary ruling to the Ningbo Jiangnan Chemical Fiber, big hair and fiber were 4.39% to 15.35% anti-dumping tax rate. .This year in February, the Commerce Department sent to inspected Ningbo, China, Ningbo, China Textile Import and Export Chamber of Commerce also held coordination meeting responding to a large number of detailed evidence that China's chemical fiber industry, businesses do not cause damage to the United States and dumping. .</ P> <P>.

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