Home>News Center>China
       
 

China protests new US textile restrictions
(Agencies)
Updated: 2005-07-24 09:55

Beijing protested new US restrictions on textile imports from China a day after it revalued its yuan currency in a move likely to make Chinese exports more expensive.


The Wuhu cotton thread factory. China and the United States have failed at a second round of talks to resolve a simmering row over US limits on Chinese clothing imports, China's commerce ministry said. [AFP]

"The Chinese government is firmly opposed and strongly dissatisfied" with the US government decision to limit imports of Chinese woollen trousers, Ministry of Commerce spokesman Chong Quan said in a statement on its website.

Chong said that a decision Friday by the US Committee for the Implementation of Textile Agreements to impose the new restrictions broke free trade rules and threatened to raise the matter with the World Trade Organization.

The US was granted special safeguard measures in China's 2001 WTO accession protocol to protect the US market from a fresh rise of Chinese textile imports.

"The US decision lacks sufficient facts and goes against the principle and orientation of the WTO agreement on textile and garments, as well as the spirit of free trade that the WTO advocates," Chong said.

"The Chinese government reserves the right to take further actions within the framework of the WTO," he said.

The US has already re-imposed import quotas on seven categories of Chinese textile exports, expected to halt imports of up to 2.5 billion dollars worth of Chinese goods.

The move comes after global textile quotas were abolished on January 1 this year as part of WTO efforts to liberalize trade.

The move also comes after the United States praised China for revaluating its currency, the Chinese yuan, on Thursday.

The currency changes are likely to make Chinese goods more expensive in Western markets, and in the long run could prove more effective than quotas in limiting the impact of Chinese textile exports.

China has also urged the United States to negotiate new limits instead of unilaterally implementing the WTO safeguards.



China scraps yuan peg to US dollar
Taiyuan explosion kills one, injures 33
Typhoon Haitang floods coastal areas
  Today's Top News     Top China News
 

Central banker: Yuan move won't alter US trade gap

 

   
 

British kill Brazilian in bomb probe blunder

 

   
 

Blasts kill 88 in Egyptian Red Sea resort

 

   
 

China protests new US textile restrictions

 

   
 

China raises oil price after yuan revalued

 

   
 

Mysterious disease kills 9 in China southwest

 

   
  Central banker: Yuan move won't alter US trade gap
   
  Mysterious disease kills 9 in China southwest
   
  China raises oil price after yuan revalued
   
  China protests new US textile restrictions
   
  'Impact of stronger yuan will be small'
   
  Four dead, 5 missing in ship collision
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
US financier launches textile JV in China
   
Textile industry fears new US restrictions
   
US to be prudent on textile safeguards
   
China, US discuss textiles in Beijing
   
Talks fail to reach compromise on textile row
   
China, US agree to continue textile talks
   
China, US talks fail to reach compromise on textile row
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 亚洲欧洲无码av不卡在线| 边摸边吃奶边做爽免费视频99| 特黄特黄aaaa级毛片免费看| 国产精品多人p群无码| 亚洲成在人线电影天堂色| 韩国无遮挡羞羞漫画| 孩交videos精品乱子豆奶视频| 亚洲区小说区激情区图片区| 一本一本久久a久久精品综合| 2020年亚洲天天爽天天噜| 日韩一区二区三区免费体验 | 久久99精品国产麻豆宅宅| 潮喷大喷水系列无码久久精品| 国产国语对白露脸在线观看| av无码免费一区二区三区| 日本漫画免费大全飞翼全彩| 亚洲精品成人a| 色狠狠一区二区三区香蕉| 国产精品自产拍高潮在线观看| 中文字幕你懂的| 波多野结衣影视作品| 国产三级精品三级在专区| 4444亚洲人成无码网在线观看| 成人毛片18女人毛片免费视频未 | 欧美va在线观看| 免费在线视频你懂的| 麻豆人人妻人人妻人人片AV| 在线一区二区三区| 中文字幕手机在线播放| 日韩亚洲第一页| 亚洲欧美日韩高清中文在线| 色135综合网| 国产精品原创巨作av| 91色在线视频| 岛国a香蕉片不卡在线观看| 乱人伦中文视频在线| 特级aaaaaaaaa毛片免费视频| 兽皇videos极品另类| 青青操免费在线视频| 国产精品美女一区二区视频| 99re6精品|