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But senators Byron Dorgan and Lindsey Graham, co-authors of legislative measure, said the status should be rescinded in retaliation for China's unfair trade practices which they said were responsible for the huge US trade deficit, which may surpass 200 billion dollars in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: 日本三级韩国三级三级a级播放| 特级毛片a级毛片在线播放www | 一级做a爰片久久毛片下载| 日韩免费视频观看| 亚洲人成亚洲精品| 欧美视频在线免费看| 免费A级毛片无码免费视频| 精品欧美一区二区三区久久久| 国产一级淫片a免费播放口之| 香蕉久久夜色精品升级完成| 国产日韩欧美视频| 亚洲欧美日韩精品久久奇米色影视| 国产色视频网免费| 99在线精品视频在线观看| 天天操天天干天天透| 一本精品中文字幕在线| 成人精品视频99在线观看免费| 久久人人爽人人爽人人片AV超碰| 日韩美女一级毛片| 亚欧免费视频一区二区三区| 欧美va亚洲va国产综合| 亚洲国产精品第一区二区| 欧美牲交A欧美在线| 亚洲色中文字幕在线播放| 男人j桶进女人p无遮挡在线观看| 免费看欧美成人性色生活片| 精品国产一区二区三区2021| 另类视频第一页| 美女被奶乳羞羞漫画在线| 四虎影院黄色片| 色偷偷8888欧美精品久久| 国产三级日产三级韩国三级 | 久久亚洲色一区二区三区| 日韩在线看片中文字幕不卡| 久久精品第一页| 日韩精品久久无码人妻中文字幕| 亚洲AV综合色区无码二区偷拍| 欧洲亚洲综合一区二区三区| 亚洲av高清一区二区三区| 樱花草www日本在线观看| 亚洲A∨无码一区二区三区|