Home>News Center>China
       
 

European protectionist fiasco a lesson for the US
(China Daily)
Updated: 2005-08-31 05:53

The fourth round of talks on textile exports between China and the United States comes as the European Union dispute over Chinese textile imports intensifies.

Though the United States is not likely to suffer a similar problem given its diversified imports and preparations, the high costs of restrictions on trade demand attention from American negotiators.

Chinese and U.S. negotiators look set to make compromises in their bid to reach a deal resetting quotas of importing inexpensive Chinese apparel to the U.S. market.
Women workers sew up garments at a factory in Wuhu, East China's Anhui Province August 28, 2005. [newsphoto]

As the world's biggest textile and garment exporter, China has been fending off threats of trade limits by the United States and European Union since global quotas on the textile trade finally ended on January 1 this year.

But a surge of textile exports, a natural result of China's comparative advantage in this labour-intensive industry, has driven many rich nations to try to prolong protection for the sake of their domestic industries.

A China-EU textile agreement was signed in June. China demonstrated its consideration of some EU countries' difficulties in quickly preparing their domestic enterprises for the surge in global textile trade.

The shift would have been predicted if the scheduled removal of global trade quotas had been taken seriously by developed countries.

Enterprises in these developed countries would have tried much harder to adapt themselves to the upcoming changes if their governments had resolved to observe the new world trade order, which will obviously be fairer in the absence of the obsolete textile quota system.

The China-EU deal, as a stopgap measure, has helped alleviate the pressure on some European textile manufacturers. But this came as a surprise to European importers and retailers as well as Chinese textile exporters.

As millions of Chinese sweaters, trousers and bras piled up in ports this month after rapidly exceeding the reinstated import quotas, European importers and retailers have found themselves being penalized for not making orders in line with newly-erected trade barriers.
Page: 12



Leshan giant buddha
Explosion near Sanlitun
Armed police training
  Today's Top News     Top China News
 

European protectionist fiasco a lesson for the US

 

   
 

7,000 coal mines to close in crackdown

 

   
 

US crews pass dead to reach storm survivors

 

   
 

Official lauds KMT role in anti-Japan war

 

   
 

Nuke talks to resume in week of Sep. 12

 

   
 

Itinerary for President Hu Jintao's US visit

 

   
  China to buy US goods to reduce surplus
   
  Chinese woman recounts US border beating
   
  Nuke talks to resume in week of Sep. 12
   
  WHO praises China signing anti-tobacco pact
   
  China, US begin 4th round of textile talks
   
  China offers Sri Lanka assistance package
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
China, US begin 4th round of textile talks
   
Chinese, US officials discussing apparel quotas
   
EU takes steps to unblock China textiles
   
EU to propose to end textile row with China
   
Sino-US textile talks to resume
   
Industry council welcomes textile talks
   
No agreement with EU at textile talks
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 小猪视频免费观看视频下载| 琪琪女色窝窝777777| 国产精品高清2021在线| 冲田杏梨AV一区二区三区| 国产浮力影院第一页| 国内精品久久久久久99| jizz18免费视频| 性高湖久久久久久久久| 久久久xxxx| 玉蒲团之偷情宝典| 四虎最新紧急更新地址| 麻豆md国产在线观看| 国产精品久久网| 91热视频在线观看| 大伊香蕉在线精品视频人碰人| 一进一出60分钟免费视频| 无码天堂va亚洲va在线va| 久久成人国产精品| 最新高清无码专区| 亚洲一区免费在线观看| 欧美成人片一区二区三区| 亚洲第一综合色| 漂亮华裔美眉跪着吃大洋全集| 免费人成在线观看网站| 精品国产免费人成网站| 国产精品亚洲二区在线观看| 99久久成人国产精品免费| 好男人社区www在线观看高清| 中文字幕在线免费观看视频| 日本中文字幕一区二区有码在线 | 日韩欧美第一区二区三区| 亚洲av极品无码专区在线观看| 精品哟哟哟国产在线不卡 | 日本欧美视频在线观看| 久热中文字幕在线精品免费| 欧美18-19sex| 亚洲人成日本在线观看| 欧美人与动人物xxxx| 亚洲国产一区二区三区在线观看| 欧美日韩视频免费播放| 亚洲欧美日韩天堂在线观看|