Home>News Center>China
       
 

US senators act to repeal China PNTR status
(Agencies/chinadaily.com.cn)
Updated: 2006-02-10 10:44

Two U.S. senators have proposed legislation to repeal permanent normal trade relations (PNTR) status for China, alleging an enlarging U.S. trade deficit with China is all the latter’s faults.

The US Congress granted China the PNTR status in 2000, which paved the way for China to enter the World Trade Organization (WTO) and opened the flood-gate for US businesses to invest in the world’s potentially biggest market.


Speaking in front of a placard showing the logo for the Beijing Olympics, Senator Byron Dorgan (D-ND) announces legislation to rescind permanent normal trade relations with China during a press conference in the Capitol in Washington, February 9, 2006. [Reuters]

But senators Byron Dorgan and Lindsey Graham, co-authors of legislative measure, said the status should be rescinded in retaliation for China's unfair trade practices which they said were responsible for the huge US trade deficit, which may surpass 200 billion dollars in 2005.

They alleged Chinese practices including currency manipulation, piracy, violation of labor rules, and barriers to prevent US products from entering the Chinese market, the AFP reported.

However, international trade pundits have cautioned politicians must not be fooled by the custom statistics. They said that products with the tag "Made in China" are actually "Made by Someone Else" - by multinational companies from Japan, South Korea, the United States and Europe, that are using China as the final assembly station in their vast global production networks.

Analysts say this evolving global supply chain - which often tags goods at their final assembly stop - is increasingly out of step with global trade figures, which serve to inflate China into a bigger trade threat than it may actually be, the New York Times reported on Thursday.
Page: 123



Hu meets with Togo president
Valentine's Day
Valentine's Day
  Today's Top News     Top China News
 

Top planner: Oil refinery capacity 'must rise'

 

   
 

China: Proposed bill on trade harms ties

 

   
 

CPC punished 115,143 members last year

 

   
 

Infectious diseases killed more last year

 

   
 

Saddam lashes out at Bush, judge in court

 

   
 

HK officials enforce poultry ban

 

   
  China: Proposed bill on trade harms ties
   
  China intends to push for GM crop studies
   
  China bans piracy in entertainment places
   
  Japanese FM: Relations with China will improve
   
  Co-operation pact signed with Togo
   
  Migrant workers see higher wages
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 在线观看成人网站| 日韩字幕一中文在线综合| 八戒久久精品一区二区三区| 高清欧美性猛交xxxx黑人猛交 | 亚洲欧洲精品成人久久曰影片| 麻豆tv入口在线看| 国产精品日本一区二区在线播放| h无遮挡男女激烈动态图| 日韩精品无码人妻免费视频 | 动漫美女吸乳羞羞动漫| h在线免费视频| 打扑克又痛又叫原声| 久久精品美女视频| 欧美三级免费看| 六月丁香婷婷天天在线| 人人澡人人爽人人| 女人国产香蕉久久精品| 久久综合九色综合91| 欧美日本高清视频在线观看| 亚洲视频天天射| 视频免费1区二区三区| 国产欧美亚洲精品| gogogo高清在线播放| 成人99国产精品| 久久综合琪琪狠狠天天| 欧美国产日本高清不卡| 免费在线看污网站| 亚洲综合在线一区二区三区| 69国产精品视频免费| 天天狠天天透天干天天怕∴| 久久九九国产精品怡红院| 欧美激情videos| 变态调教视频国产九色| 菠萝视频在线完整版| 国产精品大片天天看片| 97精品伊人久久久大香线蕉| 大肉大捧一进一出小视频| gogo全球高清大胆啪啪| 天天躁日日躁狠狠躁欧美老妇 | 在线观看亚洲免费| 99精品国产99久久久久久97|