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But senators Byron Dorgan and Lindsey Graham, co-authors of legislative measure, said the status should be rescinded in retaliation for China's unfair trade practices which they said were responsible for the huge US trade deficit, which may surpass 200 billion dollars in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: 在车里被撞了八次高c| 欧美一级片观看| 四虎AV永久在线精品免费观看| jizz大全欧美| 在线免费观看中文字幕| 一本色综合久久| 无码丰满熟妇一区二区| 久草福利资源网站免费| 欧美成人第一页| 亚洲精品人成无码中文毛片| 福利视频一区二区| 吃奶摸下激烈视频无遮挡| 被合租粗糙室友到哭| 国产成人精品97| 0588影视手机免费看片| 国产精品高清久久久久久久| 亚洲日韩精品一区二区三区| 第一福利官方导航| 啊灬啊灬啊灬快灬深用力点| 韩国免费高清一级毛片性色| 国产欧美在线一区二区三区| 2020求一个网站男人都懂| 大胸年轻的搜子4理论| ts人妖在线观看| 小泽玛利亚一区二区| 两根一进一出啊灌满了视频| 成年女人色毛片| 久久久91精品国产一区二区三区| 日韩国产成人精品视频| 久热这里只有精品视频6| 欧美FREESEX潮喷| 全彩本子里番调教仆人| 老司机aⅴ在线精品导航| 国产乱子伦农村XXXX| 韩国电影禁止的爱善良的小子hd| 国产女人喷潮视频在线观看| 97成人在线视频| 国产成人最新毛片基地| 91视频一区二区三区| 国产成人亚洲精品无码青青草原| 国产chinese91在线|